Donald Trump has recognized that United States "Could Be" Entering a Recession and that the coronavirus outbreak could it will not be contained "at least until the month of July or August". "We have an invisible enemy. We have a problem that, a month ago, nobody had ever thought about," he added.
Wall street It has widened its falls significantly and closed with a 12% slump following Trump's words, during a press conference at the White House. This is the biggest drop since October 1987.
Asked when the United States could be expected to control the virus, Trump has said that "if we do a good job, the experts talk about July, August, something like that"
He has also pointed out that his administration could consider blockages for "certain areas" or "hotspots" in the nation. But he added that he was not considering a complete national blockade. "Right now, no, we are not considering it."Trump said.
On the collapse of the bags, he commented that "the market will take care of itself and will be very strong as soon as we remove the virus"