The Wall Street Journal: China says Trump’s tariff spree can only backfire on U.S.

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.

>>> Original Source <<<