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2018 U.S.-China Trade Dispute Survey
The U.S.-China trade dispute 2018, which officially started in April, seems not to end anytime soon. On the contrary, they appear to be escalating. The dispute could potentially change the balance of the world economy forever, and as a not-for-profit, non-political trade organization, the U.S.-China Chamber of Commerce is conducting a survey to ascertain the impacts of these trade disputes on U.S. companies and professionals, and to identify what actions, if any, that they are taking or plan to take in response. We hope to use this information to help design and launch initiatives to assist them to navigate the uncertain U.S.-China trade environment.
USCCC is now providing emergency visa and passport processing service for all countries:
China: 48 Hours
Vietnam: Same Day, No Passport, No Invitation Letter
Brazil: 24 Hours
Russia visas – fast service could be same day if invitation is available, can also assist applicants in obtaining invitations
Saudi Arabia – express service as fast as 24 hours
Passport - same day if received by 8:00 AM
Please see "Visa and Passport"
USCCC is now providing free Passport Translation Service as part of document authentication service
Please see "Document Authentication"
Scammers impersonate the Chinese Consulate
I received calls from Chinese speaking callers impersonating the Chinese Consulate and actually almost fell into the trap. After talking to him for a few minutes, I found his statements were conflicting. Further research has confirmed that it was a scam.
Scam to register Asian domain names
We published this scam alert several years ago, and today, we still receive this kind of scam almost once a week. In fact, a few of our members actually paid the "agent" to register those domain names, and as predicted, the "agent" never followed through.
The scam begins with an email, written in English and adressed to the president of the targeted company. They present themselves as accredited Asian registration agents, mainly in China. The scammer notifies the targeted company that one of his/her clients wants to register domain names containing the name of the tartget. For “ethical” reasons,the "agent" offers to register the domain in the name of the target instead of his/her client first. The prices tend to be insignificant. The scammer threatens to proceed with the domain registration for his/her client if the target does not purchase the domain names quickly. Once when the target sends the money, the scammer disappears.
A Tribute to Senator John McCain
The United States of America-China Chamber of Commerce (“USCCC”) and its sister organization, The United States of America-Vietnam Chamber of Commerce (“USVCC”) are greatly saddened by the passing of U.S. Senator John McCain.
Senator McCain was a true American hero who served his country with dignity and honor in both his distinguished military and political careers. Despite being made a POW during the U.S.-Vietnam war, Senator McCain became a dear friend of the Vietnamese people and did much to help Vietnam and the United States to harmonize political and trade relations.
“Senator McCain was a classy man,” said Siva Yam, president of the U.S.-Vietnam Chamber of Commerce, “and he worked tirelessly to help build new bridges and heal the wounds of war between the two countries”
Our thoughts and prayers are with the McCain family during this most difficult time.
We have recently received many inquiries asking whether a visa is required for American passport holders to go to Thailand for business. There have been a lot of confusion. I did the research, and I received the following message from one of the most senior leaders in Thailand. Based on that, I suggest that all visitors to Thailand for business should get a business visa. USCCC can assist you with your application for obtaining a Thai visa.
According to Thai relevant law American passport holders, who come to Thailand for business related matter even for a very short term e.g. for a meeting, need to apply for non-immigrant visa (Code B visa). The visa exemption is only for the American who come for tourism purposes. However, in practice there are many foreigners from countries which get visa exemption for tourists who come to Thailand for short time business meetings without any visa and do not experience any problem.
For Thai visa, please click
Do you need a visa to go to Thailand for business?
USCCC VISA, PASSPORT, AND DOCUENT AUTHENTICATION SERVICE
One stop document authentication and visa processing not only for China but also for other countries!
Proper traveling documents are essential for international travel. Arguably, your passport is the only legal identity you have when you travel overseas. Information you provided for visa, passport, and document authentication processing could be sensitive and confidential. Unlike other agents, USCCC maintains its physical office in the heart of Chicago that you can visit. In addition, its staff strives for excellency in customer service and will always answer your calls. As a non-profit organization founded by the late Prescott S. Bush, Jr., it is a trusted name. It uses its best efforts to treat all private information in confidence and will limit the use of such information solely for the purported purpose. Its indepth knowledge of global affairs and diplomacy plus extensive contacts with various consulates and embassies allow it to expedite the process when other agents are not in a position to do so. For instance, it offers same day, no physical passport required Vietnam visa processing.
In addition, it has recently added new service to provide one stop document authentication processing for all countries including China, Vietnam, India and other countries. USCCC will obtain certain corporate filings directly from the state and get them authenticated with the proper consulates and embassies. Further, its cost is significantly less than other agents and the process is transparent.
Frequently Asked Questions:
Vietnam Visa - Should I obtain a landing visa as landing visa is fast and does not require tedious paper work?
USCCC suggests that you will apply for a one year loose leaf visa which is arguably faster and simpler plus one year multiple entries. In co-operation with US-Vietnam Chamber of Commerce and Vietnam Embassy to the US, USCCC now offers same day, no passport loose leaf ONE YEAR multiple entries visa to Vietnam.
Thailand Visa - Do I need a visa for a business trip to Thailand?
According to Thai relevant law American passport holders, who come to Thailand for business related matter even for a very short term e.g. for a meeting, need to apply for non immigrant visa (Code B visa). The visa exemption is only for the American who come for tourism purposes. However, in practice there are many foreigners from countries which get visa exemption for tourists who come to Thailand for short time business meetings without any visa and do not experience any problem. However, USCCC advises its members and clients that they should obtain business vsias to be in full compliance with the Thai immigration laws. USCCC provides one-stop, express, inexpensive visa services for all countries.
The following is a summary of the timetable for visa applications for most countries processed by USCCC>
PAST AND UPCOMING EVENTS
“Vietnam as the Gateway to Southeast Asia”
Seminar and Networking Breakast
Friday, May 10, 2019
8:00 am - 11:30 am
Austin Chamber of Commerce
535 E 5th Street
Austin, Texas 78701
Read More ...
Is Vietnam an Alternative to China?
Siva Yam, President, US-China Chamber of Commerce;
US-Vietnam Chamber of Commerce
Kenneth Atkinson, Executive Chariman, Grant Thornton Vienam
Hung Duy Nguyen, Global Sales Director, Honeywell UOP
Brian Krause, VP, Marketing and Communication, Molex
Brad Capes, VP - Global Supply Chain Mgmt, Wahl Clipper Corporation
Time and Date:
April 21, 2019 Time To Be Determined
Program and registration will become available shortly. Meanwhile, please contact Mai Hoang at 312-368-9029 or for any questions.
Seminars and Receptions for Visiting Delegations
In conjunction with U.S.-Vietnam Chamber of Commerce ("USVNCC") with the support of Vietnam Embassy in Wahsington DC and various provincial governments, and Becamex IDC, the largest property development company and one of the largest conglomerates in Vietnam, USCCC will lead a 7 trade mission to Hanoi, Ho Chi Minh City, and Binh Duong for 7 days in May/June. The program is in formation. Additional information will become available in late April. Meanwhile, please contact Mai Hoang at 312-368-9029 or if you have any quetions.
Trade Mission to Vietnam
PAST EVENTS TRANSCRIPTS AND VIDEOS
Keynote Speech at MBAA Anual Convention
Effects of Tariff s on U.S. China Trade
March 28, 2019
12:15 pm - 1:30 pm
PowerPoint Presentation with Annotations is available for download
Webinar - U.S.-China Trade Dispute
US-China Trade Conference
How Should U.S. Companies Respond to
the 90-Day U.S.-China Trade Truce?
February 6, 2019
Eric Rock, Esq., Founder and Managing Partner
Rock Trade Law LLC
Mike Cleveland, Vice President and General Manager
Govind Arora, Vice President, Worldwide Strategic Sourcing, Snap-on Incorporated
David Newsome, Director of Global Sourcing
NAPA Rayloc & Heavy Vehicle Parts Group
Please click below to download PPT
Video on Demand for the Recording
Password Protected - Please send your request to RSVP@usccc.org. Password will be removed on 5/1/2019 and vidoe will be posted on this website.
20th Annual U.S.-China Trade Conference
October 10 & 11, 2019
The Union League Club of Chicago
Chicago, Illinois U.S.A.
Please save the date!
19th Annual U.S.-China Trade Conference
“Making Decisions in the New U.S.-China Trade Order”
November 13 & 14, 2018
Chicago, Illinois USA
Electronic version of the conference book is available to conference attendees and USCCC members free. For other, the cost will be $75. Please contaact us at or 312-368-9911.
US-China Trade Conference
Please click to download the PPT File
U.S.-CHINA TRADE WAR AND
Five years ago, USCCC noticed that there was a structural change in the global trade and supply chain and that China’s economy must change (How China’s Economy Must Change (https://thediplomat.com/2012/05/how-chinas-economy-must-change/). It began investigating Vietnam and other emerging countries to better assist U.S. companies in staying competitive in this global market. A sister organization, U.S.-Vietnam Chamber of Commerce ("USVNCC") was found. A full-service office in Binh Duong, the emerging manufacturing center in Vietnam was established. One of its affiliates has signed a number of agreements with Becamex IDC (https://www.vir.com.vn/becamex-spearheads-ip-expansion-41880.html), the largest property development company and one of the largest conglomerates in Vietnam to develop a U.S.-Vietnam Industrial Park, an incubator for U.S. and Chinese companies entering Vietnam, and other projects. USCCC and USVNCC have hosted a number of conferences and seminars, led several trade missions to Vietnam, and invited high level leaders from Vietnam to the U.S. As the U.S.-China Trade War is escalating, with some of the largest and best network of companies and professionals, USCCC and USVNCC are re-allocating resources to aid both U.S. and Chinese companies to navigate the current situation to stay competitive. Utilizing their enormous resources and contacts in the U.S., the Greater China Region, Southeast Asian countries, USCCC and USVNCC will offer the following • Update regularly on the latest development of U.S.-China trade war and development in the emerging market• Organize seminars, events, and webinars to discuss the implications and possible solution• Develop a strong network to share information and identify deal flows• Assist companies in• E-Commerce• Import Substitution• Relocation of Manufacturing including Site Selection• Provide low cost, high efficiency in-country assistance in China, Vietnam, Philippines, and Thailand through introduction and direct access to some of the most important decision-makers and professionals and sharing of information that is relevant and factual• Make its Vietnam office available for entry into Vietnam without significant financial commitment
Please contact Siva Yam, President, U.S.-China Chamber of Commerce directly at 312-368-9030 or or Mai Hoang, President, U.S.-Vietnam Chamber of Commerce at 312-368-9029 or email@example.com.
Update on U.S.-China Trade Dispute
As of August 23, 2019
Section 301 Tariffs to Increase 5%
Less than two weeks ago, it seemed that the U.S.-China trade dispute was about to de-escalate when on August 13 the United States Trade Representative (USTR) announced that certain products on List 4 - Section 301 were being removed from the tariff list and that the tariffs for certain articles on the same list would be delayed to December 15. Then, on August 23, it took another turn. In response to China’s recent announcement of retaliatory tariffs imposed on U.S. goods, President Trump tweeted and the USTR published intent to levy a 5% increase on Section 301 tariffs across all lists of merchandise scheduled or currently being assessed Section 301 duties. The USTR notice is available on USTR’s website.
For merchandise on Lists 1-3, the increase would raise tariffs from 25% to 30% effective October 1st, after a notice and comment period.
For merchandise on Lists 4A / 4B, the increase would rise from 10% to 15% effective on September 1, and December 15, respectively.
Additional details and clarifications will follow with publication in the Federal Register of these actions.
New Tariffs to be Imposed on December 15
New Development: August 13, 2019
USTR Announces Next Steps on Proposed 10 Percent Tariff on Imports from China
About three weeks ago, it seemed that the U.S. and China might reach an agreement to end the continued dispute. A tweet by President Trump on August 1 indicated that the negotiations were taking a turn, and List 4 – Section 301 Tariffs were to be imposed at 10% beginning September 1. However, the dispute continues to escalate. Today, the United States Trade Representative (USTR) today announced the next steps in the process of imposing an additional tariff of 10% on approximately $300 billion of Chinese imports. The following is an excerpt: Certain products are being removed from the tariff list based on health, safety, national security and other factors and will not face additional tariffs of 10%. Further, as part of USTR’s public comment and hearing process, it was determined that the tariff should be delayed to December 15 for certain articles. Products in this group include, for example, cell phones, laptop computers, video game consoles, certain toys, computer monitors, and certain items of footwear and clothing. USTR intends to conduct an exclusion process for products subject to the additional tariff.
Announcement by President Trump on August 1
New Tariff Will Go Into Effect On September 1
The summary for the original announcement is as follows (provided by a long-time USCCC member, Eric Rock of Rock Trade Law firstname.lastname@example.org). Please see above for the update.
List 4 - Section 301 Tariffs to be imposed at 10% beginning September 1.
President Trump tweeted on August 1 that the United States will impose a 10% additional duty on Chinese articles included on List 4 beginning September 1, 2019. List 4 has not yet been finalized as to product coverage, but at last publication List 4 covered all apparel, footwear, and manufactured textile products. List 4 also covered a host of consumer products, including electronics, cellphones, and toys.
List 4 excluded pharmaceuticals, certain pharmaceutical inputs, select medical goods, rare-earth materials, and critical minerals. The U.S. Trade Representative’s office will finalize List 4 and issue a Federal Register notice soon.
The imposition of tariffs on List 4 is in response to China’s decision to re-negotiate the trade deal that was nearly completed recently. The actions also come in response to recent failures to buy agricultural products from the United States, and China’s failure to stop the flow of Fentanyl to the United States.
It remains unclear whether an exclusion process will be offered for these tariffs, as was the case for Lists 1-3. Given that the initial tariff was set at 10%, it seems likely the USTR will not offer an exclusion process unless the tariff rate is raised to a higher amount later – as was the case with List 3.
These actions come as most companies are working to administer or apply for exclusions for items on Lists 1-3.
These changes in global trade environment in the blink of an eye have posed many challenges to U.S. and Chinese companies in staying competitive. As part of its mission as an organization dedicated to developing increased U.S.-China trade and investment activities, USCCC will continue to provide assistance to American and Chinese companies, professionals and the general public to better understand the business environment and cultural traditions relevant to successfully doing business in both countries. USCCC will hold events, and USCCC will regularly share updated information on the current trade environment.
Shift in Manufacturing; Import Substitution;
Relocation of Production to Southeast Asia.
Is It a Quick Solution for the Trade War?
U.S.-China Chamber of Commerce’s (USCCC) mission is to assist U.S. companies to stay competitive in this global market. Our focus has always been and will continue to be on U.S.-China business. However, as the global economy is evolving and there is a continued shift in manufacturing to the emerging economies, USCCC has taken a number of initiatives to aid the business community to better understand this new paradigm. About seven years ago, we realized that Vietnam had emerged as a promising economy. As a result, we have established a sister organization, U.S.-Vietnam Chamber of Commerce (USVNCC), and opened a full-service office in Vietnam. We also noticed that a number of multinational companies, primarily in the consumer products and energy sector, began entering into Vietnam. Manufacturers from Singapore, Japan, Korea, and Taiwan also started setting up plants in Vietnam. However, those companies, particularly from Taiwan, often mix real estate development with manufacturing.
As the U.S.-China trade dispute continues, the movement of manufacturing and assembly to Vietnam has accelerated. Many of our members and the general public have asked us for assistance for import substitution in the immediate horizon and for relocation of production in the long term. Accordingly, we have allocated resources to that effect. As we have been operating in Vietnam for almost seven years, I would like to share with you the following observations:
U.S. companies have hesitated to explore Vietnam and other emerging economies until the situation dictates, for example, the U.S.-China trade dispute. While the process could be considered necessary and prudent, they could be left behind by their competitors from other nations.
While Vietnam has the advantage of a young labor force and low wages, the total manufacturing cost is not much lower than China’s, and, on many occasions, is even higher. These costs are due to a lack of infrastructure, an inadequate supply chain, and low productivity. Vietnam’s inexperience in international trade has also led to unrealistic pricing, which could essentially end the process early on.
Although both China and Vietnam are very similar in many aspects, the roots of their economic reforms are dramatically different. The core of Chinese manufacturing is in its very large state-owned enterprises (SOEs) that were engaged in manufacturing prior to 1978 and continue to play an important role in the Chinese economy. The growth in manufacturing was augmented by the patriotism of its enormous, successful overseas Chinese, primarily from Hong Kong, who jumpstarted China’s economic reform. The recent Chinese government policy seems to reinforce this idea with increasing influence of SOEs in the Chinese economy and the proposed private-public partnership between SOEs and leading private companies. At this time, in Vietnam, most of the factories that are able to produce goods to meet western standards tend to be foreign-owned.
While foreign direct investments are critical in the development of both economies, the Chinese government, through its regulations and SOEs, has ensured that its economy continues to be fully controlled by its people. This might not be the case in Vietnam.
Obtaining reliable information in both countries has proven to be difficult. However, in China, information is available through a number of commercial websites plus associations established by the Chinese governments such as CCPIT and local chambers.
The business culture of Vietnam is very different from that of China. The Chinese are known to work almost 24/7, and they have their mobile phones with them all the time. The Vietnamese tend not to be available after regular work hours, and it is very difficult to reach them on weekends and holidays.
The U.S.-China trade dispute has created a rush of Chinese companies to Vietnam to manage the import tariffs imposed by the U.S. on Chinese imports. However, we have also seen Chinese companies moving back to China.
Despite all these concerns, we continue to believe that China, an established manufacturing powerhouse, and Vietnam, a fast-growing economy, will together provide U.S. companies and consumers one of the best options for the future. Vietnam has the youngest population in the world. It follows China’s success model and modified its approach so as to reach its goals with the shortest route and minimal resources of its own.
Migrating import from China and relocation to Vietnam are not simple processes. The decision needs to be carefully evaluated. U.S. companies need to make significant investments to understand the culture, the business infrastructure, and to “teach” their Vietnamese counterparts how to do business with them. This is a strategic, long-term investment.
The international trade environment could change in the blink of an eye, and any hasty decision could prove to be fruitless and essentially whipsawing.
We are strengthening our two organizations, USCCC and USVNCC, to better serve our members and the general public. We are in the process of hiring more staff and developing a knowledge base of manufacturers in Vietnam, and I trust that our combined efforts could yield meaningful results to all those who are involved in international trade.
TWENTIETH ANNUAL U.S.-CHINA TRADE CONFERENCE
“Navigating the Uncharted Waters of Future Global Trade”
Thursday and Friday, October 10 and 11
Union League Club of Chicago
Please click below for the agenda and registration package
This year will mark the 20th Anniversary of the U.S.-China Trade Conference, a time when we are entering uncharted waters. The event will bring together 200 business owners, corporate executives, and professionals to share their experiences and to discuss how to build sustainable businesses that will reward the stakeholders and create new opportunities for the current and next generations. Advanced technology in manufacturing and supply/demand chain, the rise of other emerging economies, and the rapid shift in international trade policies have made corporate decisions perilous. Informed, meticulously calculated, and quick decisions are essential in building sound strategies to prosper. There are many questions about future global trade that remain unanswered. A hasty decision to reshuffle production and supply chain without considering the unforeseen external shock and practicality could be risky and fruitless. The gathering in Chicago on October 10 and 11 will strive to answer some of the questions that are relevant to stay competitive for the future.
SIGNIFICANCE OF THE CONFERENCE
Most timely, objective, unbiased, and comprehensive business conference that focuses on making informed and sustainable decisions for the future.
A unique opportunity to meet, network, learn, share experience, make friends, and identify business opportunities and transactions. Some participants have attended this annual event over 15 times.
Over 80% of participants are business owners, presidents, CEOs, COOs, CFOs, and executives with P&L responsibilities. The majority of the participants are U.S. privately held manufacturers.
Highly concise, comprehensive, and interactive agenda that will address the change in global supply chain and market including the U.S., China, Southeast Asia, Western and Central Europe.
Most sessions are panel discussions with very little or no scripted presentation. Speakers are primarily U.S. executives who work and live in the U.S. and other parts of the world, and they are on the ground to transact cross border business every day. Some of them will travel from Asia and Europe to Chicago for this program.
I would consider it a personal privilege if you would contact me directly at 312-368-9030 or for any questions that you might have. We look forward to seeing you at our annual event and another successful conference.
Please click to download the agenda and materials.
Sponsors: GRUMA Corporation • Plante Moran, PLLC • Wanxiang America Corporation
Rock Trade Law, LLC • Dennemeyer & Co., LLC • China Federation of Logistics and Purchasing
Co-Organizers: International Trade Association of Greater Chicago • Precision Metal Forming Association
One Stop Shop for Your Visa and Passport
Now USCCC offers document authenticaton by the Secretary of State
As part of its service to its members and the general public, USCCC provides unmatched documentation authentication, which is among the fastest and least expensive. With its indepth knowledge, extensive experience, and regular contact with the Chinese Consulate, its service is simply the best.
98% approval rate at the first submission
Detailed check list
Extensive collection of samples and templates to minimize incorrect notarization and authentication and rejection.