TIL Desk/World/Washington/ US President Donald Trump said that America could be coping with the novel coronavirus until July or August and the country”s economy “may be” heading towards a recession. “Well, it may be,” Trump said in a press conference at the White House on Monday while responding to a question about whether the country”s economy is heading toward a recession.
However, Trump predicted growth would bounce back strongly. “We”re not thinking in terms of recession. We”re thinking in terms of the virus,” he said. “Once we stop, I think there”s a tremendous pent-up demand both in terms of the stock market, in terms of the economy.”
Trump also released guidelines that called for people to avoid gathering of 50 people or more across the nation for the next eight weeks and to steer clear of eating and drinking at bars, restaurants and food courts.
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