Markets are bracing for more drama when trading resumes Monday, after President Trump slapped 100% tariffs on Chinese imports and called out “sinister and hostile” moves by China to try to corner the market on rare earth minerals.

Trump tore into China’s new export controls Friday, announcing new tariffs “over and above” existing U.S. levies on Chinese goods following Beijing’s “extraordinarily aggressive” move.

That prompted a sharp market drop reminiscent of the reaction when Trump announced his “Liberation Day” tariffs.

The markets braced for more upheaval after President Trump vowed more tariffs on China. REUTERS

Trump vowed new levies on China but appeared to soften his stance Friday evening. AFP via Getty Images

The president threatened to scrub his planned meeting with China’

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