Geox Sneakers - Men Geox Sneakers Sneakers United online on brisbanech-26477 YOOX United Kingdom - 11555609RI 1a7d4e7




China Puts off Licenses for U.S. Companies Amid Tariff Battle
  • VOA News
  • Geox Sneakers - Men Geox Sneakers Sneakers United online on brisbanech-26477 YOOX United Kingdom - 11555609RI 1a7d4e7 - tonysbshop.com

    Geox Sneakers - Men Geox Sneakers Sneakers United online on brisbanech-26477 YOOX United Kingdom - 11555609RI 1a7d4e7
Geox Sneakers - Men Geox Sneakers Sneakers United online on brisbanech-26477 YOOX United Kingdom - 11555609RI 1a7d4e7

September 12, 2018 08:15

Amid a worsening tariff battle, China is putting off accepting license applications from American companies in financial services and other industries until Washington makes progress toward a settlement, an official of a business group said Tuesday.

The disclosure is the first public confirmation of U.S. companies' fears that their operations in China or access to its markets might be disrupted by the battle over Beijing's technology policy. China is running out of American imports for penalties in response to U.S. President Donald Trump's tariff hikes, which has prompted worries that Chinese regulators might target operations of U.S. companies.

The license delay applies to industries Beijing has promised to open to foreign competitors, according to Jacob Parker, vice president for China operations of the U.S.-China Business Council. The group represents some 200 American companies that do business with China.

In meetings over the past three weeks, Cabinet-level officials told USCBC representatives they are putting off accepting applications "until the trajectory of the U.S.-China relationship improves and stabilizes," Parker said.

Chinese authorities have promised to increase foreign access to areas including banking, securities, insurance and asset management. "There seem to be domestic political pressures that are working against the perception of U.S. companies receiving benefits" during the dispute, Parker said.

As for what improvement might entail, Parker said Chinese officials want an end to Trump's tariff hikes and a negotiated settlement. He declined to identify the officials but, in a sign Beijing wants foreign companies to help lobby Washington, said the meetings represented "unprecedented access" for his group.

Beijing matched Trump's earlier tariff increase on $50 billion of imports but is running out of American goods for retaliation due to their lopsided trade balance. China bought American goods worth about $1 for every $3 of goods it exported to the United States.

Trump is poised to decide whether to raise duties on $200 billion of Chinese goods. Beijing has issued a $60 billion list of goods for retaliation. A foreign ministry spokesman, Geng Shuang, said Monday that China will "definitely take countermeasures" if the tariff hike goes ahead.

Geox Sneakers - Men Geox Sneakers Sneakers United online on brisbanech-26477 YOOX United Kingdom - 11555609RI 1a7d4e7 - tonysbshop.com
An online video about U.S.-China trade tensions produced by China's state television broadcaster plays on a computer screen in Beijing, China on Aug. 23, 2018. /AP

Economists have warned Beijing might target service industries such as engineering or logistics, in which the United States runs a trade surplus with China.

Chinese commentators have suggested Beijing might use its multitrillion-dollar holdings of U.S. government debt as a weapon, though that would impose costs on China. State-controlled media have encouraged boycotts of Japanese and South Korean products in past disputes with those governments.

The government said in June it would impose unspecified "comprehensive measures" if necessary. That left U.S. companies on edge about whether Beijing will use its heavily regulated economy to disrupt their operations by withholding licenses or launching tax, anti-monopoly or other investigations.

Chinese leaders reject Trump's demand to roll back official industry plans such as "Made in China 2025," which calls for state-led creation of global champions in robotics, artificial intelligence and other technologies.

Washington, Europe and other trading partners say those plans violate Beijing's market-opening commitments. But Communist leaders see them as a path to prosperity and global influence.

Chinese negotiators agreed in May to narrow their multibillion-dollar trade surplus with the United States by purchasing more American soybeans and other products. Beijing scrapped that deal after Trump's first tariff increase went ahead July 6.

In addition to rolling back industry plans, the Trump administration wants Beijing to reduce the privileges of state-owned companies and eliminate requirements for foreign companies to hand over technology to Chinese partners.

In their meetings with the USCBC, Chinese officials expressed willingness to buy more American exports but "showed no appetite at all" to talk about industry reform, technology policy or other U.S. priorities, Parker said. "I don't consider that to be very positive for any kind of negotiated outcome in the short term or medium term," he said.

Chinese regulators have shown their willingness to attack foreign companies in disputes with other governments. Last year, Beijing destroyed South Korean retailer Lotte's business in China after it sold a golf course in South Korea to the country's government for construction of a missile defense system opposed by Chinese leaders.

Beijing closed most of Lotte's 99 supermarkets and other outlets in China. Seoul and Beijing later mended relations, but Lotte gave up and sold its China operations.

Lacoste Sneakers - Men Lacoste Sneakers online on YOOX United Kingdom - 11568309PL , P448 Sneakers - Men P448 Sneakers online on YOOX United Kingdom - 11573092XWBello Loafers - Men Bello Loafers online on YOOX United Kingdom - 11557493TS , D.A.T.E. Sneakers - Men D.A.T.E. Sneakers online on YOOX United Kingdom - 11556769LICampanile Loafers - Men Campanile Loafers online on YOOX United Kingdom - 11557444GW , Adidas Sneakers - Men Adidas Sneakers online on YOOX United Kingdom - 11561146UTHogan Sneakers - Men Hogan Sneakers online on YOOX United Kingdom - 11560702WB , Hogan Sneakers - Men Hogan Sneakers online on YOOX United Kingdom - 11559735GLEbarrito Sneakers - Men Ebarrito Sneakers online on YOOX United Kingdom - 11521275RM , Hogan Sneakers - Men Hogan Sneakers online on YOOX United Kingdom - 11559785VD , Premiata Loafers - Men Premiata Loafers online on YOOX United Kingdom - 11554180WT2Star Sneakers - Men 2Star Sneakers online on YOOX United Kingdom - 11554428DC , Hogan Sneakers - Men Hogan Sneakers online on YOOX United Kingdom - 11561544IS , Dondup Sneakers - Men Dondup Sneakers online on YOOX United Kingdom - 11525061IQEveet Loafers - Men Eveet Loafers online on YOOX United Kingdom - 11533957UOHogan Sneakers - Men Hogan Sneakers online on YOOX United Kingdom - 11559980HR , Hogan Sneakers - Men Hogan Sneakers online on YOOX United Kingdom - 11560035SVHogan Sneakers - Men Hogan Sneakers online on YOOX United Kingdom - 11560000AV , Volcom Sneakers - Men Volcom Sneakers online on YOOX United Kingdom - 11555965IH , Dondup Sneakers - Men Dondup Sneakers online on YOOX United Kingdom - 11526151HCValleverde Sneakers - Men Valleverde Sneakers online on YOOX United Kingdom - 11547927GG , Reporter Boots - Men Reporter Boots online on YOOX United Kingdom - 11543271RW , Colmar Sneakers - Men Colmar Sneakers online on YOOX United Kingdom - 11552327MS , Adidas Sneakers - Men Adidas Sneakers online on YOOX United Kingdom - 11503515PS , Valleverde Sneakers - Men Valleverde Sneakers online on YOOX United Kingdom - 11549192CM , A.Testoni Loafers - Men A.Testoni Loafers online on YOOX United Kingdom - 11544043JH , Colmar Sneakers - Men Colmar Sneakers online on YOOX United Kingdom - 11552480VL , Santoni Loafers - Men Santoni Loafers online on YOOX United Kingdom - 11555553XE , Ortigni Boots - Men Ortigni Boots online on YOOX United Kingdom - 11546866BN
Twin-Set Simona Barbieri Court - Women Twin-Set Simona Barbieri Courts online on YOOX United Kingdom - 11317441MI , Logan Crossing Sneakers - Women Logan Crossing Sneakers online on YOOX United Kingdom - 11532215HX , Cafènoir Ankle Boot - Women Cafènoir Ankle Boots online on YOOX United Kingdom - 11478265MG , ECCO 12213301708 LOW-TOP TRAINERS FOR WOMEN , Le Coq Sportif Arthur Ashe Retro - Sneakers - Men Le Coq Sportif Sneakers online on YOOX United Kingdom - 11441575VNLADY BCBGMAXAZRIA Gold Leather Sandals Highly praised and appreciated by the audience of consumersAlexander McQueen Black/White New Oversize Sneakers with Tail 37.5 Sneakers , lady Blossom Brown Collection Wedges Used in durability , women Vince Grey P Sneakers Moderate costs , mens/womens Hunter Original Clog Clogs & Mules wholesaleLeather cowboy boots , camel, La Redoute CollectionsVagabond | Vagabond Ayden Suede Pointed Slingback Shoes , Adidas Anna Field Cowboy/Biker boots - grey , Santoni Sneakers - Women Santoni Sneakers online on YOOX United Kingdom - 11307432ED , Adidas Sneakers - Men Adidas Sneakers online on YOOX United Kingdom - 11541746CO , Hecon Sneakers - Men Hecon Sneakers online on YOOX United Kingdom - 11550965TDmen/women Merrell Siren Hex Q2 Waterproof Sneakers & Athletic Merrell Fair pricePark Authority GK 3000 - High-top trainers - dark brownFiorentini+Baker Boots - Women Fiorentini+Baker Boots online on YOOX United Kingdom - 11499500NM , Gioseppo Sandals - Women Gioseppo Sandals online on YOOX United Kingdom - 11575427EC , Piampiani Sandals - Women Piampiani Sandals online on YOOX United Kingdom - 11571267DHAnna F. Loafers - Women Anna F. Loafers online on YOOX United Kingdom - 11373373MT , Fabiana Filippi Sandals - Women Fabiana Filippi Sandals online on YOOX United Kingdom - 11443819FHDiversified new design Corral Boots A3355buy online Seychelles Open MindSoftWalk Ramsey The Ramsey is the perfect chukka boot to make this season stylish! , VIONIC Mica The modern and simple Mica from VIONIC keeps you warm and on-trend , Carrucci Marsalis Elevate your look with the Carrucci Marsalis dress shoeChristian Louboutin Red Roller Boat Carmin Spike Patent Sneaker Flats 44 Sneakers , Adrienne Vittadini Black with White Trim Campania Sandals

Geox Sneakers - Men Geox Sneakers Sneakers United online on brisbanech-26477 YOOX United Kingdom - 11555609RI 1a7d4e7 - tonysbshop.com

Geox Sneakers - Men Geox Sneakers Sneakers United online on brisbanech-26477 YOOX United Kingdom - 11555609RI 1a7d4e7
Previous Next
All Headlines Back to Top
Shoes 1457525
4306229
6325369
7995180
8540010
9389416
11716641
14819334
15127000