Trade en Facing Cancer Drug Shortage, US Relies on Banned Chinese Plant <div class="node-body article-body"><div></div>The FDA allowed the plant to continue exporting about 15 ingredients for use in finished drugs in the U.S. More than 80% of drug ingredients are now produced abroad, mainly in China and India. </div> <p><a href="" target="_blank">read more</a></p> Inventory Management Quality Regulations Trade Global Economy Operations Supply Chain The Latest Fri, 22 Jul 2016 19:07:00 +0000 320991 at Getty Images Peugeot-Citroen to Build Cars in Iran <div class="node-body article-body"><div></div>Three Citroen models specifically designed for the Iranian market are planned, and the joint venture aims to build 150,000 cars per year in five years. </div> <p><a href="" target="_blank">read more</a></p> Emerging Markets Trade Global Economy The Latest Thu, 21 Jul 2016 20:17:00 +0000 319911 at Getty Images Export Advice: Doing Business in Mexico's Automotive Industry <div class="field-byline"> Linda Abbruzzese and Curt Cultice, U.S. Commercial Service, U.S. Department of Commerce </div> <div class="node-body article-body"><div></div>Mexico's growing automotive industry provides many opportunities for U.S. companies to export to the tier supplier base, and to partner with Mexican distributors that sell parts to OEMs and the aftermarket.</div> <p><a href="" target="_blank">read more</a></p> Trade Global Economy The Changing Automotive Landscape The Latest Wed, 20 Jul 2016 19:40:00 +0000 317921 at <p>Mexico is the third-largest trading partner of the United States, with annual trade topping $500 billion. Rapid growth in the auto sector is presenting new opportunities for U.S. manufacturers.</p> US Cutting Tool Demand Falls Again, Reflecting Manufacturing Weakness <div class="node-body article-body"><div></div>U.S. manufacturers consumed $165.68 million worth of cutting tools during May, a decline of 4.6% from the March total and a 4.1% drop from the May 2015 result. Cutting tool consumption is an index to overall manufacturing activity. </div> <p><a href="" target="_blank">read more</a></p> IndustryWeek Wire American Machinist Trade The Latest Mon, 18 Jul 2016 13:38:00 +0000 314801 at AISI's Gibson: China 'Has to Get Out of the Steel Business' <div class="node-body article-body"><div></div>U.S. steel association chief calls for continued action to curb Chinese steel dumping and move China away from state-owned domination of its industry. </div> <p><a href="" target="_blank">read more</a></p> Companies & Executives Public Policy Trade Global Economy The Latest Wed, 13 Jul 2016 20:55:00 +0000 311311 at <p>China&#39;s state-owned steel industry lost up to $15.5 billion in 2015, said AISI&nbsp;President Thomas Gibson. China&#39;s steel industry has ramped up exports to help compensate for declining domestic demand.</p> Getty Images Alcoa Earnings Beat Estimates on Strength of Jet-Parts Profit <div class="node-body article-body"><div></div>Investors are scrutinizing the profitability of the so-called downstream units that will be renamed Arconic when the company splits in two by the end of the year.</div> <p><a href="" target="_blank">read more</a></p> Change Management Competitiveness Trade Global Economy Leadership Workforce The Latest Mon, 11 Jul 2016 20:32:00 +0000 307821 at Getty Images US Machine Tool Orders Narrow Losses in May <div class="node-body article-body"><div></div>U.S. manufacturers’ new orders for machine tools declined 1.4%, though compared to May 2015 the decline is 18.2% and the year-to-date total is down 16.7% compared to 2015.</div> <p><a href="" target="_blank">read more</a></p> IndustryWeek Wire American Machinist Trade Global Economy The Latest Mon, 11 Jul 2016 15:18:00 +0000 307271 at <p>May&rsquo;s new-order total for machine tools is the lowest of the current year, and the lowest monthly total for in over two years.</p> Chicago's Mondelez Plant Dunks Its Last Oreo <div class="node-body article-body"><div></div>About half the plant's 1,200 workers will be laid off as production moves to Mexico.</div> <p><a href="" target="_blank">read more</a></p> Emerging Markets Strategic Planning & Execution Trade Global Economy Leadership Workforce The Latest Mon, 11 Jul 2016 14:44:00 +0000 307261 at Getty Images Boeing Deal Uncertain; House Votes to Ban Aircraft Sales to Iran <div class="node-body article-body"><div></div>Two amendments approved to an appropriations bill would ban sales from Boeing and European rival Airbus.</div> <p><a href="" target="_blank">read more</a></p> Legislation Trade Global Economy The Latest Fri, 08 Jul 2016 19:46:00 +0000 306721 at Getty Images Boeing’s Agreement With Iran Comes Under Congressional Scrutiny <div class="node-body article-body"><div></div>The deal announced in June with Iran Air would be the biggest business transaction between the U.S. and Iran since the 1979 Islamic Revolution and the U.S. hostage crisis.</div> <p><a href="" target="_blank">read more</a></p> Regulations Trade Global Economy The Latest Fri, 08 Jul 2016 02:47:00 +0000 306161 at Getty Images