President Donald Trump said on Thursday the U.S. economy might take a hit from the coronavirus outbreak but predicted the challenge would eventually pass and defended his handling of the crisis, APA reports quoting Reuters.
Trump appeared at his first town hall meeting of the 2020 election season, an event conducted by Fox News Channel before an audience in Scranton, Pennsylvania, a battleground state that helped propel him to the White House in 2016.
The spreading coronavirus has led to a steep downturn in the stock market and fanned fears of an economic dip just as the Republican president asks Americans for a second term.
Asked if the coronavirus outbreak hurt the economy, Trump said: “It certainly might have an impact. At the same time, I have to say people are now staying in the United States spending their money in the U.S., and I like that.”
“It’s going to all work out. Everybody has to be calm,” he said. “We have plans for every single possibility and I think that’s what we have to do. We hope it doesn’t last too long.”
Trump repeated his assertion that the travel restrictions he imposed on China early in the crisis had helped limit the outbreak in the United States. The U.S. death toll from the coronavirus rose to 12 on Thursday and 53 new cases broke out across the country.. More than 3,200 people worldwide have died from the respiratory illness that can lead to pneumonia.x