The US is "opening fire" on the world with its threatened tariffs, China warned on Thursday, saying no-one wants a trade war but it will respond the instant US measures go into effect, as Beijing ramped up the rhetoric in the heated dispute.The Trump administration’s tariffs on $34bn of Chinese imports are due to go into effect at 4am GMT on Friday, which is just after midday in Beijing.US President Donald Trump has threatened to escalate the trade conflict with tariffs on as much as $450bn worth of Chinese goods if China retaliates, with the row roiling global financial markets including stocks, currencies and the international trade of commodities from soya beans to coal.China has said it will not "fire the first shot", but its customs agency made clear on Thursday that Chinese tariffs on US goods would take effect immediately after US duties on Chinese goods kick in.Speaking at a news conference, commerce ministry spokesman Gao Feng warned the proposed US tariffs would hit global...
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