Bans all travel from Europe for 30 days; NBA suspends season.
3/12/20 – (Zero Hedge) President Trump has ordered a complete travel ban from European nations for the next 30 days (beginning at midnight on Friday). The ban does not include the United Kingdom. Speaking from the Oval Office, Trump called the coronavirus a “horrible infection” and said he was addressing the nation to talk about the “unprecedented response to the coronavirus outbreak.”
While Trump initially announced that the ban would also include “trade and cargo”, a subsequent clarification from the White House, perhaps upon seeing the market’s reaction, made it clear that Trump misspoke, and the ban does not apply to goods and trade.
Additionally, Trump laid out his plans for taking emergency action to provide relief for those suffering financial hardship due to the virus.
The President also said health insurance companies had agreed to waive all co-payments for coronavirus treatments and extend insurance coverage to cover coronavirus treatments.
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