Trump: 'It could get worse. The next eight weeks will be critical.'
U.S. President Donald Trump declares the coronavirus pandemic a national emergency during a news conference in the Rose Garden of the White House in Washington, U.S., yesterday. - Reuters
Shaking hands freely with the gathered business executives, the 73-year-old Trump later acknowledged he expected to be tested for the virus. He had come into contact with a Brazilian official last Saturday who later tested positive for coronavirus. Trump, who on Wednesday ordered citizens from 26 European nations not to enter the United States for 30 days as of midnight Friday, said his administration “may be adding” travel restrictions on the United Kingdom and a couple of other countries.
The announcement gave Wall Street a much-needed boost with the Dow and benchmark S&P 500 both ending the day more than 9% higher. He urged every state to set up emergency centres to help fight the coronavirus."We'll remove or eliminate every obstacle necessary to deliver our people the care that they need and that they're entitled to. No resource will be spared, nothing whatsoever, ” he said.
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