That may be true but even if that increases the fatality 5X it makes it only 0.05%.
I am no expert but I think your numbers are off by an order of magnitude. I believe the seasonal flu death rate is 0.1%, not 0.01%. That would mean 0.5%, not 0.05% if this was 5x more deadly. The doctor/statistician who speaks at the Trump press conferences guesstimated it will fall in the 0.7% range of those infected. I hope it comes in lower than that and that contagion slows down soon.