The two governments have imposed 25 percent tariffs on $50 billion of each other's goods.
In recent meetings with cabinet-level Chinese officials, USCBC representatives were told that licensing won't resume "until the trajectory of the U.S".
Every year, the US imports $500 billion worth of goods from China, while it ships only one-third of that amount to the East Asian country.
The negative impact of the tariffs on US firms has been "clear and far-reaching", according to a joint survey by AmCham China and AmCham Shanghai. American officials also worry they might erode US industrial leadership.
His remarks come as China and the United States may return to the negotiating table with the threat of new USA tariffs looming.
Stocks surrendered their gains Friday after Bloomberg reported President Donald Trump instructed his administration to follow through with tariffs on roughly $200 billion worth of Chinese imports, despite a fresh round of trade negotiations between the world's largest economies having been proposed days earlier.
More than half of USA firms are already feeling Beijing's wrath from non-tariff measures like heightened regulatory scrutiny, more inspections and slower customs clearance, according to the survey.
William Zarit, the chairman of the American Chamber of Commerce in China, warned the Trump administration against assuming those difficulties will force Beijing to cave in to its demands.
Yet Another Trump Official Investigated for Misusing Government Funds on Travel
The agency that spearheads the federal response to natural disasters is down almost $10 million out of its $15 billion budget. DHS officials said the account supports FEMA headquarters operational expenses and can not be used for disaster response.
Hurricane Florence Is a ‘Horrific Nightmare’ to Predict, Says Forecaster
It's forecast to gradually turn toward the northeast on Friday and then accelerate northeastward over the weekend. First responders in North Carolina are scrambling to rescue residents stranded in the coastal town of New Bern.
European Union considers fining tech companies over extremist content
Juncker delivered his annual State of the Union speech to the European Parliament in Strasbourg on Wednesday, September 12. Juncker said the European Union would "always show loyalty and solidarity with Ireland when it comes to the Irish border".
US President Trump said on Twitter on Thursday that the United States holds the upper hand in talks.
The unpredictability around the trade fight is hampering investment decisions as investors need stability to make sound decisions, Beebe said.
Trump said last week that he also had tariffs on an additional $267 billion worth of goods ready "on short notice if I want".
About 30 per cent said they were adjusting supply chains by seeking to source components and/or assembly outside the US, and about the same number were seeking to source components and/or assembly outside China.
The survey released Thursday by the European Union Chamber of Commerce in China polled almost 200 European firms doing business in China and found 17% are delaying investment or expansion plans.
China is running out of American imports for retaliation due to their lopsided trade balance, but threatened unspecified "comprehensive measures" in June.
"Tariffs are already negatively impacting United States companies and the imposition of a proposed $200 billion tranche will bring a lot more pain", Eric Zheng, chairman of the American Chamber of Commerce in Shanghai, said Thursday in a statement. The White House has accused China of forcing USA companies to partner with local firms and then stealing their intellectual property, among other grievances.
About 30% of firms said they were shifting parts of their supply chains away from China and the United States to buy components from other places.