China 'fully prepared' for trade war with US



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China on Tuesday said it was "fully prepared" for a trade war with the US, according to the Associated Press.

Foreign Ministry spokesman Lu Kang told reporters that China hopes the US will "do something conductive to the mutual trust, "but that the country is prepared to take" necessary measures "when the US imposes tariffs on Chinese goods this week.

The US is planning to slap $ 34 billion worth of tariffs on Chinese goods starting July 6, and China has

The comments of the Foreign Ministry in the US-China trade war.

Chinese tariffs will hit US agricultural products like soybeans, corn and wheat the tariffs will also apply to automobiles, beef, pork and seafood.

US companies, including automakers and Ford, are expected to fall short of the tariffs, according to the AP, which also reported that China's stock market has fallen almost 10 percent in recent weeks due to the trade war.

President Trump Donald John TrumpTrump: Democratic voters will support Republicans because of ICE criticism Coney Barrett, Kavanaugh among candidates who puts Trump: report Trump administration recommends against allowance China Mobile access to US market MORE in light of the trade

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