US President Donald Trump tweeted on Sunday that “the 10 per cent will go up to 25 per cent on Friday”. Photo: AP

Donald Trump’s ‘Thanos-like’ tariff threat to China adds to ‘risk of global recession’, analysts say

  • One analyst compared the US president to the character from the ‘Avengers’ who wiped out half of all life in the universe with a snap of his fingers
  • Companies in China and Hong Kong rush to seek legal advice amid threat that the United States will increase tariffs on Chinese goods from 10 per cent to 25 per cent
Topic |   US-China trade war: All stories

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US President Donald Trump tweeted on Sunday that “the 10 per cent will go up to 25 per cent on Friday”. Photo: AP
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Chinese Vice-Premier Liu He with US President Donald Trump inside the Oval Office of the White House in Washington in April. Photo: EPA

China still ‘preparing’ delegation for US trip despite Donald Trump’s threat to increase tariffs

  • US President said he will increase punitive tariffs on US$200 billion of imports from 10 per cent to 25 per cent on Friday in a tweet posted on Sunday
  • Liu He could depart Beijing on Thursday, three days later than previously scheduled, and leave Washington a day later, says a source
Topic |   US-China trade war

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Chinese Vice-Premier Liu He with US President Donald Trump inside the Oval Office of the White House in Washington in April. Photo: EPA
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