Tariffs pose threat to global industrial chains, official says

The tariff increases that the United States has placed on Chinese goods affect not only the interests of Chinese companies and consumers, but also their US counterparts and threaten the security of global industrial and supply chains, according to a senior Chinese industrial official.

"We once again urge the US to stop unreasonably suppressing Chinese companies. Chinese companies deserve to invest and operate in a fair and just environment in the US and the world," Vice-Minister of Industry and Information Technology Wang Zhijun said.

Concerning the US decision to further increase tariffs on Chinese imports, Wang said during a recent interview with news media that the total impact is "controllable".