Coronavirus has passed the peak in US: Trump
The Trump administration had previously pencilled in May 1 as a possible date to reopen the nation, but the president said some states may be able to return to normalcy earlier than that.
President Donald Trump has said the US has "passed the peak" of new COVID-19 cases and added that some states would reopen this month. At the daily White House virus briefing, Trump on Wednesday said new reopening guidelines would be announced on Thursday after he speaks to governors, the BBC reported.
"We`ll be the comeback kids, all of us," the president said. "We want to get our country back."
The US has nearly 635,000 confirmed COVID-19 cases and over 28,000 deaths.
"The data suggests that nationwide, we have passed the peak of new cases," Trump told reporters in the Rose Garden on Wednesday.
"Hopefully that will continue, and we will continue to make great progress."
The president said 3.3m COVID-19 tests had been conducted and antibody tests would soon be available.
These developments, he said, "put us in a strong position to finalise guidelines for states reopening".
The Trump administration had previously pencilled in May 1 as a possible date to reopen the nation, but the president said some states may be able to return to normalcy earlier than that.
"I think that will be a very exciting time, indeed," he said.
When questioned about the dangers of reopening the nation too soon, Trump said: "There`s also death involved in keeping it closed."
He cited mental health issues, saying suicide hotlines were "exploding" as the economy freezes.
Watch Zee Business live TV below:
Millions of Americans have lost their jobs due to lockdown measures across the country, and unemployment numbers are at record levels.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Mukhyamantri Majhi Ladki Bahin Yojana: Know eligibility, benefits, and documents to apply for this women-centric government scheme
Gratuity Calculator: Rs 37,000 as last-drawn salary; 6 years and 3 months as service period; know your gratuity?
Top 7 Gold ETFs With Highest Annualised Returns in 10 Years: Know how Rs 10 lakh investment in each ETF has performed in last decade
Defence PSU Stock to BUY: This multibagger scrip corrects 49% from 52-week high - Is this right time to buy?
Top 7 Large and Mid Cap Mutual Funds With up to 43% Return in 1 Year: Rs 25,000 monthly SIP investment in No. 1 scheme is now worth Rs 3,64,654
Power of Compounding: Can monthly SIP investment of Rs 7,000 help build corpus of Rs 4.5 crore? See in how many years it can be done
11:09 AM IST