What does Trump’s illness with Covid-19 mean for his election campaign and the US economic situation? / Article / LSM.lv

What does Trump’s illness with Covid-19 mean for his election campaign and the US economic situation?Uģis Lībietis00:00 / 03:46

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After receiving news of US President Donald Trump’s infection with Covid-19 yesterday, October 2, there was initial talk of self-isolation in the White House. The symptoms of the illness were reported to be mild and the president continued to work despite fatigue. Later, however, a decision was made to take the president to Walter Reed’s military hospital, where Trump traditionally also undergoes regular medical examinations. Going to the hospital does not mean deteriorating health. Tramps also said in a video statement distributed before leaving for the hospital that he was feeling well.

“I would like to thank everyone for their huge support! I’m going to Walter Reed Hospital. I think I’m doing very well, but we’ll make sure it really is. The first lady also feels very good. Thanks again! I really appreciate it and I will never forget it! Thank you! ” pauda Tramps.

After consulting with doctors, it has been decided that Tramps will spend a few days in the hospital. He was prescribed Remdesivir and, at least for the time being, did not need any artificial respiration.

According to several American press and commentators, Trump’s illness comes at a really untimely time for both the president himself and his election campaign.

Because, in fact, it is not clear to anyone how the pre-election struggle will develop in the future, in which the only remaining candidate at the moment is Joe Biden, who Trump has repeatedly ridiculed for precautionary measures, protective masks or self-isolation.

Baidena Covid-19 tests have been negative, and he is ready to continue the campaign. But there are many unanswered questions: will Trump be back in line until the next debate on presidential candidates? Will they be canceled or moved? Will the president be able to continue the campaign at all?

However, Trump’s illness comes untimely for another reason. Economic indicators released these days show that the economic recovery has slowed down. Job creation is half as low as in August, and many jobs have been lost in public institutions. For example, the demand for jobs in educational institutions has decreased due to distance learning in many places. These figures come at a time when economic stimulus measures are continuing in the US political community. This week, the Democratic-led U.S. House of Representatives adopted a $ 2.2 trillion economic stimulus package, but no agreement has yet been reached with the Republican Party. US Treasury Secretary Steven Mnuchin has called for a vote for the 1.6 trillion package.

As Brian Gardner, an investment strategist at the investment company Stifel, told CNBC in an interview, all these events will certainly have an impact on the November 3 elections.

“I think there are a lot of politicians in the Democrats who believe and hope that a bigger and better agreement will be reached if and when Joe Biden wins the election. The Republican side is concerned that if the president loses, the so-called “Tea Party” will reappear. Conservative Republicans will emphasize their fiscal conservatism and pour out their anger on Republican lawmakers. Something similar happened in 2008. I assume that we will soon see a much smaller agreement against certain targeted sectors. However, if this agreement is not reached before the elections, then we will probably only have to talk about January, “Gardner explained.

Currently, stock markets have responded to the Trump and the new economic indicators with a slight downturn, but commentators predict that the development of these issues will determine the situation in the markets next week.

CONTEXT:

President of the United States Donald Trump and his wife Melania Trump found in Covid-19. Tramps himself announced this on the social media site Twitter, promising to abide by the quarantine regime. About 15 hours after this announcement Tramps devies to Walter Reed Military Hospital.

According to the President of the United States Donald Trump infection with Covid-19 his rival, Democrat Joe Biden, also checked. Both politicians took part on 29 September in the pre-election debate. Baidenam the test is negative.

News of Trump’s infection on Friday, October 2, caused a decline in stock markets in the United States, Asia and Europe.

After the rapid spread of the hitherto unknown coronavirus around the world at the beginning of the year, Trump was one of the most prominent deniers of the disease. Initially, he compared Covid-19 to the common flu, although the comparison was considered incorrect by experts.

Although he later changed his mind, Trump did not wear a face mask at public events, contrary to expert advice, and ridiculed his Democratic rival Joe Biden for wearing the mask.

Trump also used Covid-19 to attack its political opponents. He accused opposition Democrat politicians of sowing panic, calling for restrictions on assembly and movement to prevent the virus from spreading.

US President Covid-19 has served as a weapon against China, which is considered to be the source of the virus. Trump has insisted on calling it a “Chinese virus” and claiming that Covid-19 was created in a Chinese government laboratory in Wuhan.

The United States is still the worst affected country in the world for Covid-19. To date, more than 7.2 million people have been registered, but nearly 208,000 have died from the complications of the virus, according to data compiled by Jones Hopkins University.

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