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US export controls achieving no strategic gain but hurting American firms, survey finds
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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