Baldinini Loafers - 26535 Men Baldinini Loafers online - Baldinini on YOOX United Kingdom - 11554075UE 7119c22




China Puts off Licenses for U.S. Companies Amid Tariff Battle
  • VOA News
  • Baldinini Loafers - 26535 Men Baldinini Loafers online - Baldinini on YOOX United Kingdom - 11554075UE 7119c22 - tonysbshop.com

    Baldinini Loafers - 26535 Men Baldinini Loafers online - Baldinini on YOOX United Kingdom - 11554075UE 7119c22
Baldinini Loafers - 26535 Men Baldinini Loafers online - Baldinini on YOOX United Kingdom - 11554075UE 7119c22

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.

Baldinini Loafers - 26535 Men Baldinini Loafers online - Baldinini on YOOX United Kingdom - 11554075UE 7119c22 - 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.

Rockport Sneakers - Men Rockport Sneakers online on YOOX United Kingdom - 11509125UQBoemos Boots - Men Boemos Boots online on YOOX United Kingdom - 11549817LJBikkembergs Sneakers - Men Bikkembergs Sneakers online on YOOX United Kingdom - 11450675NF , Bikkembergs Sneakers - Men Bikkembergs Sneakers online on YOOX United Kingdom - 11228520MH , Lumberjack Boots - Men Lumberjack Boots online on YOOX United Kingdom - 11569934UMLumberjack Boots - Men Lumberjack Boots online on YOOX United Kingdom - 11558698MG , Brimarts Sneakers - Men Brimarts Sneakers online on YOOX United Kingdom - 11480379QV , Lumberjack Sneakers - Men Lumberjack Sneakers online on YOOX United Kingdom - 11569906NSLumberjack Sneakers - Men Lumberjack Sneakers online on YOOX United Kingdom - 11569986LGLumberjack Boots - Men Lumberjack Boots online on YOOX United Kingdom - 11321056LE , Lumberjack Loafers - Men Lumberjack Loafers online on YOOX United Kingdom - 11577171VTLumberjack Boots - Men Lumberjack Boots online on YOOX United Kingdom - 11558686CH , Boemos Boots - Men Boemos Boots online on YOOX United Kingdom - 11549805VXRockport Boots - Men Rockport Boots online on YOOX United Kingdom - 11331337XU , Lumberjack Sneakers - Men Lumberjack Sneakers online on YOOX United Kingdom - 11558674NELacoste Sneakers - Men Lacoste Sneakers online on YOOX United Kingdom - 11568300IOVans Sneakers - Men Vans Sneakers online on YOOX United Kingdom - 11473801DE , Lumberjack Sneakers - Men Lumberjack Sneakers online on YOOX United Kingdom - 11320937AFL&G Boots - Men L&G Boots online on YOOX United Kingdom - 11551029KQ , Saucony Sneakers - Men Saucony Sneakers online on YOOX United Kingdom - 11453776LQButtero® Boots - Men Buttero® Boots online on YOOX United Kingdom - 11572093CP , Boemos Boots - Men Boemos Boots online on YOOX United Kingdom - 11577186ONGeox Sneakers - Men Geox Sneakers online on YOOX United Kingdom - 11540728FQ , Diesel Sneakers - Men Diesel Sneakers online on YOOX United Kingdom - 44783720JR , Bikkembergs Sneakers - Men Bikkembergs Sneakers online on YOOX United Kingdom - 11450647XCHuf Sneakers - Men Huf Sneakers online on YOOX United Kingdom - 11476299RJ , Skechers Sneakers - Men Skechers Sneakers online on YOOX United Kingdom - 11554822OV , Rockport Sneakers - Men Rockport Sneakers online on YOOX United Kingdom - 11509102SG , Geox Sneakers - Men Geox Sneakers online on YOOX United Kingdom - 11253193JA
Converse All Star Sneakers - Women Converse All Star Sneakers online on YOOX United Kingdom - 11269808IPSergio Rossi Ankle Boot - Women Sergio Rossi Ankle Boots online on YOOX United Kingdom - 11565440SXNr Rapisardi Ankle Boot - Women Nr Rapisardi Ankle Boots online on YOOX United Kingdom - 11505063ILBlu Byblos Sandals - Women Blu Byblos Sandals online on YOOX United Kingdom - 11124498NBMISS Arche Navy Blue Sandals durableCalvin Klein Collection Ankle Boot - Women Calvin Klein Collection Ankle Boots online on YOOX United Kingdom - 11436823WNAm/Pm By Bottega Backdoor Sneakers - Men Am/Pm By Bottega Backdoor Sneakers online on YOOX United Kingdom - 11247229JH , Liu ?Jo Shoes Sandals - Women Liu ?Jo Shoes Sandals online on YOOX United Kingdom - 11506901MS , Christian Louboutin Black So Kate Patent Red Sole Pump SneakersART 1053 FASHION ANKLE BOOTS FOR WOMEN , mens/womens Jessica Simpson Razzel Sandals Primary qualitymens/womens Vince Camuto Kentra Boots Queenslandmen's/women's LOVE Moschino Short Rain Boots Boots wonderful , Aquazzura Sandals - Women Aquazzura Sandals online on YOOX United Kingdom - 11452895OF , O.X.S. Boots - Men O.X.S. Boots online on YOOX United Kingdom - 11507858JK , Colmar Sneakers - Men Colmar Sneakers online on YOOX United Kingdom - 11546535JLadidas Performance HARDEN 2 - Basketball shoes - core black/dark grey/solid greyGuess Sandals - Women Guess Sandals online on YOOX United Kingdom - 11336581UDCouture Loafers - Women Couture Loafers online on YOOX United Kingdom - 11486455KU , Sebastian Court - Women Sebastian Courts online on YOOX United Kingdom - 11472116XD , Lumberjack Sneakers - Women Lumberjack Sneakers online on YOOX United Kingdom - 11514634CH , Buttero® Ankle Boot - Women Buttero® Ankle Boots online on YOOX United Kingdom - 11166971LP , Vivienne Westwood Sneakers - Women Vivienne Westwood Sneakers online on YOOX United Kingdom - 11521008BF , hckoTxk5 Keds Vollie II Canvas/Perf Suede , reliable quality Ted Baker CamyliLiu •Jo Shoes Ankle Boot - Women Liu •Jo Shoes Ankle Boots online on YOOX United Kingdom - 11148870MHPuma White Alexander Mcqueen Mcq Brace Femme Lo Fashion Sneakers Sneakers , Stuart Weitzman Red M Leather Sole Near New Strappy Sandals , adidas Gray Mi Pureboost X Sneakers Sneakers , ladies Tory Burch Brown Reva Wedges Affordable ,

Baldinini Loafers - 26535 Men Baldinini Loafers online - Baldinini on YOOX United Kingdom - 11554075UE 7119c22 - tonysbshop.com

Baldinini Loafers - 26535 Men Baldinini Loafers online - Baldinini on YOOX United Kingdom - 11554075UE 7119c22
Previous Next
All Headlines Back to Top
Shoes 954039
6912510
7839504
9812611
10395852
11205394
18392860
18500665
18947956