BEIJING — Planned U.S. tariffs on Chinese products will hurt companies around the globe as $20 billion of the $34 billion in goods targeted are made by foreign companies in China, Chinese officials said Thursday.
Those foreign companies include American-owned enterprises, according to Gao Feng, a spokesman for China’s Commerce Ministry.
Read: China says its own tariffs will kick in only after a U.S. move
“The U.S. is firing shots to the world, including to itself,” Gao said at a media briefing Thursday.
Read: U.S. up for ‘zero solution’ in car tariffs: report
He didn’t directly answer a question about whether China would target U.S. firms in retaliation, but said the government would work to ease the impact of a trade war on foreign companies doing business in the country.
An expanded version of this story can be found at WSJ.com
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