On Wednesday night local time, Trump delivered a national speech in the Oval Office to try to ease the panic caused by the virus, and announced on the spot that he was forced to make a startling correction after suspending trade with Europe due to the coronavirus, explaining that his new 30-day travel ban "is not stopping goods, but people." However, Trump's remarks have caused trouble, and Dow Jones Index futures fell by more than 1,000 points.
UK's " Daily Mail " reported on March 12 that Trump issued this special statement after announcing amazing measures to deal with the coronavirus: All movements from Europe to the United States are prohibited, with only a few exceptions, except the United Kingdom. Dow futures fell more than 1,000 points after Trump's speech, and the Dow entered a pullback after a series of sharp coronavirus-related declines. After the speech at
, Trump said on Twitter that the word restriction only applies to "people" and not to "commodities", and corrected that trade "will not be affected."
Europe and the United States traded more than $800 billion in 2018, so a complete cessation of trade will only exacerbate concerns about the recession.
reported that Trump's mistakes in his 11-minute speech were just the latest mixed information about the coronavirus. And just one day ago, Trump said on Capitol Hill: "Keep calm and it (the virus) will disappear."
Although Trump tried to prioritize the U.S. response to the coronavirus and appointed Mike Pence to lead a task force to deal with the issue, he flew to Mar-a-Lago over the weekend to play golf and participated in some fundraising activities.
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