Market plunge over coronavirus fears underscores political risk to Trump

As President Trump spent Monday sightseeing in India, the U.S. stock market plunged amid growing concerns about a deadly virus spreading quickly across continents — a split screen that brought into stark relief how the coronavirus is testing the White House and undercutting Trump’s central reelection message.

Minutes later, the president turned to retweeting posts about FBI surveillance, socialism and Republican fundraising. Major Republican donors are closely tracking developments and the political consequences not just of the coronavirus but the rise of Sen. Bernie Sanders in the Democratic presidential race. Those two issues, veteran GOP financier Spencer Zwick said, are now front and center for the party’s leading donors.

Navarro, who appeared on Fox Business Network on Monday, was one of the Trump allies who tried to calm the markets by arguing that the U.S. economy remains strong and that Trump is in command.

Trump is oblivious ... he doesn’t seem to understand the possibility of a pandemic nor that he should be putting things in place to protect Americans & help internationally. He takes credit when the market is doing well and blames others when it isn’t. He is extremely inept.

I'll be glad when the coronavirus & TrumpVirus both pass..

For fuks sake WaPo. Stick to Bernie stories

Actually it helps. It shows gay if we have open borders and rely on China, we could be really screwed if something really bad happened. Bringing back manufacturing and screening people, two of Trumps big issues, are coming front and center.

Trump is asking for money now from corona virus issues. Why can’t he take it from border wall funding or defense budget like last time? This would be the very definition of emergency.... as opposed to Mexico not paying for a border wall is an emergency that he used last time.

He takes away money from CDC!!! He takes staffing away from epidemic management. Trump is stupid.

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Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »