Months-long American export license delays are costing the US billions in exports and eroding American market share globally, the US-China Business Council (USCBC) said in a flash survey released on Tuesday.

US’ export-control licensing regime costs billions in lost exports, with items ‘already available in China’ from variety of other suppliers.

Months-long American export license delays are costing the US billions in exports and eroding American market share globally, the US-China Business Council (USCBC) said in a flash…