Trump says the coronavirus is hurting his personal businesses - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 56 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Trump says the coronavirus is hurting his personal businesses and he doesn't know if his hotels will accept government bailouts

on Saturday that his own businesses are taking a financial hit due to the spread of the novel coronavirus and that he wasn't sure whether his own businesses would receive any sort of potential government assistance.

"I wouldn't say it's thriving when you decide to close down your hotels and your businesses, no," Trump told reporters in the White House Press Briefing Room on Saturday afternoon. "Yeah, it's hurting me. It's hurting Hilton and it's hurting all of the great hotel chains all over the world. It's hurting everybody.

Trump said he did not talk to people in the Trump Organization about the virus. He added he spoke to his sons, who have run the Trump organization since he took office, about COVID-19, though he said he did not speak to them about how it pertains to his businesses. "I would probably decide to close things up. I think it's a good thing. You don't want people getting together," the president told reporters. "We want to beat this. So, I have many of them: hotels, clubs, things like that where people get together. I think it would be a good practice to close them up."

"They basically follow the rules when they say close em down in New York, we close them down or wherever they may be," he added.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ha, ha, ha. Damn communist. Borrow from the Chinese. Bailout. And pass the loans to the US (mostly middle/low income) tax payer..

Riiiiight...

Sweet justice for his inaction and plain stupidity.

They will make great isolation wards.

Are you kidding? He made false claims for 9/11 money.

He certainly should accept any and all assistance to keep his staff, no different than any other hotel chain.

I mean, they totally should if they need it.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

McDonald's, chains convince Trump on fast food's coronavirus plan - Business InsiderFast-food giants like McDonald's and Burger King told Trump it is essential they stay open during the coronavirus outbreak. Not all workers are convinced. Absolutely. I’d rather get my food through a drive through than go to a store with 100’s of people. If it works for testing, secure the employees, take card only, leave the machine out the window and pass food through some sort of drop box. Duh 🙄 That's how most people eat sto yes they are vital
Source: BusinessInsider - 🏆 729. / 51 Read more »