Beijing issued the forceful statement following the Trump administration's move to double the tariffs already in place for Chinese imports.

China's commerce minister says Beijing will not yield to bullying and its economy can weather tariffs and other challenges, though there are “no winners in a trade war."

China’s embassy in the U.S. issued a warning that the country was ready for a trade war or “any other type of war" with the U.S. following Trump’s additional 10% tariffs imposed on the country Tuesday.