China vows response to latest US tariffs also targeting Canada, Mexico [Video]

China on Friday vowed to take “all necessary countermeasures” after US President Donald Trump said he would impose an additional 10 percent tariff on Chinese imports.

Trump’s latest move will come into effect on Tuesday alongside sweeping 25 percent levies on Canadian and Mexican imports, intensifying a brewing trade war between the world’s two largest economies.

The 10 percent tariff on Chinese imports will come on top of an existing levy of the same rate imposed by Trump on China earlier this month.

Markets opening in Asia on Friday tracked losses across the world from the previous day, as fears grew that the trade spat will have wider economic repercussions.

Trump had announced — then halted — sweeping 25 percent levies on Canadian and Mexican imports this month over illegal immigration and deadly fentanyl, with Canadian energy to face a lower rate.

But the month-long pause ends Tuesday.

Following reporters’ questions on whether he planned to …