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.
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.
But the month-long pause ends Tuesday.
“China will likewise be charged an additional 10 percent Tariff on that date,“ he added, referring to March 4.
“China is one of the countries with the strictest and most thorough anti-narcotics policy in the world,“ the statement read.
“If the US side insists on going its own way, the Chinese side will take all necessary countermeasures to defend its legitimate rights and interests,“ it said.
China's leadership will convene next week to hammer out plans to shield its economy from Trump's threats.
A high-level Mexican delegation is in Washington in search of an agreement.
Trudeau has repeatedly stressed that less than one percent of the fentanyl and undocumented migrants that enter the United States come through the Canadian border.
Asian markets were all well in the red early Friday, with Tokyo briefly shedding three percent.
Besides levies over fentanyl, Trump added on his Truth Social platform that an April 2 date for so-called reciprocal tariffs “will remain in full force and effect.”
In a letter this week by Chinese Commerce Minister Wang Wentao to newly confirmed US Trade Representative Jamieson Greer, Wang noted that Trump has called for many trade investigations “aimed at China” and urged both sides to resolve their differences via dialogue.
Rather than the drugs being supplied directly to the United States, a Congressional Research Service report noted last year that US-bound fentanyl appears to be made in Mexico using chemical precursors from China.
In early February, China's foreign ministry warned that fresh tariffs could hurt counternarcotics cooperation.
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