CORONAVIRUS | Americans always rise to the challenge and overcome adversity, he says.
| The White House issued the following transcript of US President Donald Trump's remarks on Wednesday night:
Our team is the best anywhere in the world. At the very start of the outbreak, we instituted sweeping travel restrictions on China and put in place the first federally mandated quarantine in over 50 years. We declared a public health emergency and issued the highest level of travel warning on other countries as the virus spread its horrible infection.
To keep new cases from entering our shores, we will be suspending all travel from Europe to the United States for the next 30 days. The new rules will go into effect Friday at midnight. These restrictions will be adjusted subject to conditions on the ground. We are cutting massive amounts of red tape to make antiviral therapies available in record time. These treatments will significantly reduce the impact and reach of the virus.
My administration is coordinating directly with communities with the largest outbreaks, and we have issued guidance on school closures, social distancing, and reducing large gatherings.Every community faces different risks and it is critical for you to follow the guidelines of your local officials who are working closely with our federal health experts - and they are the best.
This is not a financial crisis, this is just a temporary moment of time that we will overcome together as a nation and as a world. Using emergency authority, I will be instructing the Treasury Department to defer tax payments, without interest or penalties, for certain individuals and businesses negatively impacted. This action will provide more than US$200 billion of additional liquidity to the economy.
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