President Trump Speaks on Coronavirus
President Trump Addressed the nation from the Oval Office about the coronavirus outbreak:
NEW: Pres. Trump outlines measures to shore up economy amid coronavirus outbreak, including providing liquidity to affected firms, deferred tax payments by affected individuals and businesses, and a payroll tax cut. https://t.co/Kvm6IH7lma pic.twitter.com/WJ9GCKtjmW
— ABC News (@ABC) March 12, 2020
President Donald Trump announced that a ban on travelers to the United States from Europe would be in place for the next 30 days, in an attempt to stem the spread of the coronavirus pandemic.
Trump also announced that he would ask Congress for legislative action to provide payroll tax relief, as well as other measures for several groups impacted by the virus.
In addition to legislation, Trump said he would instruct the Small Business Administration to “provide capital and liquidity” to small businesses.
Calling coronavirus a “foreign virus,” Trump used the address to attack Europe for not taking the same actions that he had. “As a result” of Europe’s inaction, Trump claimed, “a large number of clusters” of coronavirus “were seeded by travelers from Europe.”
Trump’s remarks followed a day of deepening market losses and a declaration by the World Health Organization that coronavirus had reached pandemic levels.
More than 1,200 cases have been diagnosed in the United States, while there are at least 118,000 cases worldwide.