By Alexandra Alper

WASHINGTON (Reuters) -A lobbying group whose board includes U.S. firms like Oracle, Amazon.com and Exxon Mobil is urging the Trump administration to immediately suspend a rule it says halted billions of dollars’ worth of U.S. exports and will prompt China and other countries to drop U.S. firms from their supply chains.

In a letter addressed to President Donald Trump and seen by Reuters, the National Foreign Trade Council takes aim at the so-called Affiliates Rule, which bars American companies from shipping goods and technology to companies part-owned by sanctioned firms.

The rule “has resulted in an immediate pause of billions in U.S. exports, which is contrary to your desire to reduce the trade deficit and increase U.S. exports globally,” NFTC President Jake Colvin

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