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

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