The license delay applies to industries Beijing has promised to open to foreign competitors, according to the U.S.-China Business Council. The group represents some 200 American companies that do business with China.
The administration could decide to begin taxing the imports—equal to nearly 40 percent of all the goods China sold the United States last year—after a public comment period ends Thursday.
The U.S. and Canada are sparring over issues including U.S. access to Canada's protected dairy market and American plans to protect some drug companies from generic competition.
Purse maker Vera Bradley has been moving production out of China, but says about 21 percent of the company’s products can’t viably be sourced elsewhere.
The U.S. Chamber of Commerce, Business Roundtable and National Retail Federation were among the groups calling for the U.S. to also reach a deal with Canada, not just Mexico.
President Donald Trump on Monday said he would terminate the North American Free Trade Agreement and sign a new trade accord with Mexico, potentially leaving Canada out of the bloc.
U.S. and Chinese negotiators ended two days of meetings Thursday without breaking a deadlock over trade that has unnerved financial markets and disrupted global commerce.
The clash between the NATO allies reverberated across global markets Friday as an economic crisis in Turkey threatened to spread. The S&P 500 Index erased its gain for the week.
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