Economic Overview
- Largest and most technologically powerful economy in the world.
- Capitalistic, free market-oriented mixed economy where
individuals and business firms make most of the decisions.
- Service sector contributes most to the GDP.
- The largest sector is service, which employs roughly three
quarters of the work force.
- The sub-sectors are financial services, travel, trade, government
services and entertainment.
- Regular increase in imports from the countries with a very low
production cost.
- Economic activity varies greatly across the country.
- Fueled by an abundance in natural resources, such as coal,
petroleum, and precious metals.
- Top producer of corn, soy beans, rice and wheat.
- Third largest tourist industry in the world.
- Leading export of automobiles, airplanes, steel, and electronics.
International Trade
Major Export Items
Agricultural Products, Foods, Feeds and Beverages, Automotive Vehicles,
Engines and Parts, Industrial Supplies (Organic Chemicals), Transistors,
Aircraft, Motor Vehicle Parts, Computers, Telecommunications Equipment.
Main Destinations of Exports
Canada, Mexico, Japan, UK, China
Major Import Items
Agricultural Products, Foods, Feeds and Beverages, Industrial Supplies
(Crude Oil), Computers, Telecommunications Equipment, Motor Vehicle
Parts, Office Machines, Electric Power Machinery, Automotive Vehicles,
Engines and Parts, Clothing, Medicines, Furniture, Toys.
Main Origins of Imports
Canada, China, Mexico, Japan, Germany
Contacts
of Trade Ministries/ Associations
| Department of Commerce |
International Trade Administration |
Federal Trade Commission |
Government of the United
States
1401 Constitution Avenue, NW
Washington, DC 20230
Tel.: +(1)-(202)-4824883
E-mail: opaosec@doc.gov
Website: www.commerce.gov
|
Department of Commerce
Government of the United States
E-mail: ita_webmaster@ita.doc.gov
Website: www.ita.doc.gov
|
Government of the United
States
Office of Policy and Evaluation
Room 394, Bureau of Competition
Washington, D.C. 20580
Tel.: +(1)-(202)-3263300
E-mail: antitrust@ftc.gov
Website: www.ftc.gov
|
| United
States Trade Representative |
NAFTA
Secretariat, U.S. Section |
United
States International Trade Commission |
600 17th Street, N.W.
Washington, DC 20508
United States of America
E-mail: contactustr@ustr.gov
Website: www.ustr.gov
|
Room 2061 14th Street and
Constitution Ave., N.W.
Washington, D.C. 20230
Tel.: +(1)-(202)-4825438
Fax.: +(1)-(202)-4820148
E-mail: usa@nafta-sec-alena.org
Website: www.nafta-sec-alena.org
|
500 E Street, SW
Washington, DC 20436
Tel.: +(1)-(202)-2052000
Website: www.usitc.gov
|
| U.S.
Customs and Border Protection |
SUSTA:
The Southern United States Trade Association |
The
National Customs Brokers & Forwarders Association of America,
Inc. |
1300 Pennsylvania Avenue,
N.W.
Washington, D.C. 20229
Tel.: +(1)-(202) 3541000
Website: www.customs.ustreas.gov |
2 Canal Street Suite 2515
New Orleans, LA 70130
Tel.: +(1)-(504)-5685986
Fax: +(1)-(504)-5686010
E-mail: susta@susta.org
Website: www.susta.org
|
1200 18th Street, NW, #901
Washington, DC 20036
Tel.: +(1)-(202)-4660222
Fax: +(1)-(202)-4660226
Website: www.ncbfaa.org |
Business Visa Rules
The documents required for Business Visa (B-1) are as follows:
- Invitation letter from the US counterpart/Company with which you
are going to conduct business.
- Letter from your employer or company that is sending you to the
U.S.
- Exchanges of correspondence with U.S. purchasers, suppliers or
contacts.
- Recent contracts, bills of lading or other documentary evidence
of recent imports and exports of purchases.
- Any evidence of arrangements for lodging and appointments already
made in the U.S. in preparation for your trip.
- Incorporation documents and business license(s).
- Tax statements for the last two years.
- Bank transaction statements detailing all deposits and
withdrawals for the last 6 months. Include your personal and company
accounts, along with evidence that you haveauthority to draw on the
company accounts.
- Any copies of recent advertising brochures or publications.
Business Hours
- Opening hours for shops, offices and banks vary from city to city
and from state to state. In general, stores and shopping malls are
usually open from 10.00 am to 9.00 pm from Monday to Saturday and on
Sundays from midday until 5.00 pm.
- 9.00 am to 5.00 pm - Offices (Monday to Friday)
- 9.00 am to 3.00 pm - Banks (Monday to Friday and until lunch-time
on Saturda
Public Holidays
| Festival |
Date |
Detail |
| New Year's Day |
January 1 |
Federal observed |
| Birthday of Martin Luther King
(observed) |
Third Monday in January |
Honors Martin Luther King, Jr.,
Civil Rights leader; combined with other holidays in several
states (traditionally January 15) |
| Inauguration Day |
January 20 |
Observed only by federal
government employees Washington D.C., and the near counties of
Maryland and Virginia. Swearing-in of President of the United
States and other elected federal officials. Celebrated every
fourth year. Note: Takes place on January 21 if the 20th is a
Sunday (although the President is still privately inaugurated on
the 20th). |
| Washington's Birthday or
President's Day |
February, third Monday |
Honors Washington, but also
Lincoln and other past American Presidents as "Presidents'
Day." (traditionally February 22) |
| Memorial Day |
May, last Monday |
Honors the nation's war dead;
marks traditional beginning of summer. (traditionally May 30) |
| Independence Day |
July 4 |
Celebrates Declaration of
Independence, usually called the Fourth of July. |
| Labor Day |
September, first Monday after
the first Sunday |
Celebrate achievements of
workers and the labor movement, marks traditional end of summer. |
| Columbus Day |
October, second Monday |
Honors Christopher Columbus,
traditional discover of the Americas. In some areas it is also a
celebration of Italian culture and heritage. (traditionally
October 12) |
| Veterans Day |
November 11 |
Honors all veterans of the
United States armed forces. A traditional observation is a
moment of silence at 11 AM remembering those who fought for
peace. |
| Thanksgiving |
November, fourth Thursday |
A day to give thanks for autumn
harvest, marks traditional beginning of "holiday season." |
| Christmas |
December 25 |
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