US export controls achieving no strategic gain, hurting American firms: survey
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US’ export-control licensing regime costs billions in lost exports, with items ‘already available in China’ from variety of other suppliers.

The Trump administration’s export-control licensing regime is achieving little strategic benefit while costing the United States billions of dollars in lost exports and undermining American companies’ global market share, according to a new business survey. “Months-long licensing delays are costing the United States billions of dollars in exports and eroding American market share globally,” the US-China Business Council (USCBC) found in a flash survey of companies conducted in July. The survey…

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