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Trump to announce 'guidelines' on reopening U.S. economy Thursday

Published 04/15/2020, 06:09 PM
Updated 04/15/2020, 07:00 PM
© Reuters. U.S. President Trump leads daily coronavirus response briefing at the White House in Washington

WASHINGTON (Reuters) - U.S. President Donald Trump said on Wednesday that data suggested the country had passed the peak on new coronavirus infections, and said he would announce "new guidelines" for reopening the economy at a news conference on Thursday.

"The battle continues but the data suggests that the nation has passed the peak on new cases," Trump told his daily White House news briefing.

"While we must remain vigilant, it is clear that our aggressive strategy is working and very strongly working, I might add," Trump said.

The U.S. coronavirus death toll - the highest in the world - surged past 30,000 on Wednesday after doubling in a week.

The coronavirus crisis has hammered the U.S. economy, overshadowing Trump's efforts to win re-election in November.

The Republican president has been pushing to reopen U.S. businesses and end orders that Americans stay home to fight the spread of the disease. During the lockdown, millions of Americans have lost their jobs and thousands of businesses have been forced to close their doors.

Trump claimed on Monday had the authority to overrule state governors and order businesses across the country to reopen.

Latest comments

this weeks white rabbit. just happend to be thursday same day job numbers come out. last week was 2.4trillion + opec and week before was 2 trillion. it is getting old. all dhat matters is economy for this dude
Open economy now by November cases surge and no election... #RocketScience
Many country still fighting to avoid the spread of the virus, and yet US with the most infection of covid 19 in the world want to reopen the economy in faster way. Wow.
This is not good unless the guidelines and it's implementation really really really really really really mitigate the risk of spread the virus. I don't think so.
Mr. Orange and FED are running out of excuses or market manipulation tools to try to eclipse the real world...
Wisconsin's cases were decreasing then the GOP state congress and supreme court with Trumps support made the people go to polling places to vote now one week later cases are jumping again. Watch cases skyrocket when Trump opens things up and two weeks later things have to be shot down again. then watch the economy and markets really crash.
I think the market continues to go higher. The only pullbacks will be to make higher lows. However, the only thing that will stop it is if what you said happens.
Exciting? You need some help with your choice of words, trump.
He has to try and pump the market, that's more important than your job.
looks like they're trying really hard on Thursday as it is day of jobless claims data. last week, $2 trillions printed. this week - going to open up soon. next Thursday - new stimulus or buy loans?
they better hope the claims start trending down before they run out of things to say. It's clockwork.
He wanted to deflate USA population?
Of course he will. I'm sure he will say we are opening for business Monday and say some other market moving things to overshadow the initial claimed numbers, just like the Fed did last week.
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