Trump says markets are 'going to be just fine' as Dow slides 2,000+ points

Trump says markets are 'going to be just fine' as Dow slides 2,000+ points

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No. To each other now for quite a while and we have a great relationship and, a. Great relationship, with Ireland and we have a lot to discuss, we. Will be. Talking. About the obvious and we'll also be talking about the virus that's it the, world let's see if they've, canceled their big soccer games their, championship. Games a lot of other games they've canceled a lot over in Europe. And all over the world so this is a big world problem. We've. Taken some bold steps we, took the original bolder. Step of all when we closed very early with China that, helped us save. Thousands, of lives and we. Went very early with Europe and I. Think. That'll likewise, be very good and hopefully we can get it back together. Very quickly in terms of. Reestablishing. With. China that's on track to something. Happen fairly. Quickly because, they've made a lot of progress over the last three. Or four weeks and. Certainly. With Europe we think we can go hopefully very quickly they have some hotspots, that are really bad but they'll. Get them better Germany, I guess has some problems, now, France. Has some problems, some pretty big problems and Italy of course is. Probably. Record-setting, in terms of what they've gone through Italy, is having a very hard time but. We think we'll reestablish, very quickly once this ends. And it's just a question of time and, I think it'll go pretty. Quickly, stay away from people. And wash your hands and do all of the things that we're supposed to be doing a little bit anyway but. It'll be it'll, go very quickly I know that we're. Just talking that Ireland's, closed their schools and, maybe. I'd ask the, prime minister to say a little bit about what you're doing in Ireland having to do with what we're going to hae well first of all Thank, You mr. president for having us again here today in the run-up to st. Patrick's Day. Another opportunity. I think to show how close Ireland, and America are on how, good our relationship is politically, and economically and, everything else and st., Patrick's Day has become I think a symbol of how close our. Linden america are and how we're going to continue to stay close into, the future. The. Big concern in, Ireland, and Europe at the moment as you know is covert 19 and, we've acted just. As you've acted decisively in the last couple of days so we. Have restrictions on travel for example at, Italy, for a few days already but as. Of tomorrow our. Schools will close our crashes will close, we're. Banning, all indoor, gatherings of more, than 100 people and outdoor gatherings of more than 500, and this is all based on the work health advice from, our CDC that we need to do this for a couple of weeks to, make sure the virus doesn't spread and we're.

Particularly Trying to protect older people and people with chronic diseases so, we've had about 30 or 40 cases, so far one, that we, were real concerned that that could rise and, that's why we're taking the action that we're taking but. As you know it's it's, a virus that's gotten pandemic, it's. All over the world knows no, borders knows, no, nationalities. And I, think we all need to work together in the world on this an American particular you're, the richest country in the world you've got great. Scientists, great companies great universities, and we need them working on treatments, working on tests and working on a vaccine because that's that's. That's, what will get us on top of this right and we're making great progress there I will say with. The vice president's warning who I know is heading up the task force for you and he. Gave me a lot of confidence that you're you're, getting on top of this and you're investing right. Well then I think it was very made very clear last night who is and who is it and. We'll. Be discussing that we'll be discussing some other moves that we're going to be making and I, think it's gonna work out very well for everybody, but it's a world problem, and you. Do need separation, in some cases you have some areas that are very heavily, infected. And you have some, areas that aren't frankly, but we, do need separation. For, a little period of time in some cases. Darlins, from the travel ban and. One of the things we have in Ireland is CBP, American, border security in Ireland went, through myself yesterday and they're asking the right questions, whether people has been. To China things like that so. What's. In a slightly different and one of the reasons, UK. Basically, has been, it's. Got the border it's got first strong borders and they're. They're, doing a very good job they, don't have very. Much infection, at this point and hopefully they'll keep it that way mr. president there. Are many European, leaders who are upset that they weren't consulted about the travel ban can you explain your rationale, for, not consulting with them first before announcing it last night well we get along very well with the European leaders but we had to make a decision and I didn't want to take time and you, know it takes a long time to make the individual, calls and we, are calling and we have spoken to some of them prior to, some. Of the majors prior, to but. We had to move quickly I mean when they raise taxes, on us they don't consult us and I think that's probably one. Of the same they've, done. Things the European Union, as you know has been some, very big tax raises, over, the years not so much with me because I won't put up with it but. They haven't consulted. Us and, in. The case of European. Union I've consulted with many people. Yeah. Big impact. But it's a bigger impact, and it's also a human impact which is more important, frankly than the financial when. You lose thousands, of additional lives as an example of I didn't close. Very. Very early Leo, you know we closed very, with China and. I took a lot of heat including, from you people a lot of heat they called me everything from a racist, to everything else it was terrible, and the. Same people. Then. They say oh he close too fast why did he close most of us said why did he close with China that turned out to be a great move what, we did with Europe is this. Was the time and China. A lot of it came from when. You when you think of what happened to Europe because it was very fast and very furious and what happened is a lot of people went from China into Europe, and Europe. Suffered tremendously. You know you see what's going on and so, I just wanted, that to stop as it pertains, to the United, States and that's what we've done we've stopped. Mr.. President about campaign, rallies, about travel outside the White House you originally, had some travel on the schedule big. Rallies we canceled one that we were thinking about doing and. Las. Vegas as you know and one in Reno, Nevada. We. Had one we. Had about three of them in Nevada actually, and we, had. Four. Or five of them that we were thinking about we.

Have A big one in Tampa, all sold out we have over, a hundred thousand requests for tickets but. I think we'll probably not. Do it because people would say it's better to not do you, know we need a little separation, until such time as this goes away it's good to go away it's going to go away I was watching Scott. I was watching Scott this morning and he. Was saying within two months but you know in the meantime we. Want to lose as few people as, possible so, important, and what. Is the number as of this morning is it 32 you could tell me is it 32, deaths see, forever I mean think about the United States because of what I did and what the administration, did with China we. Have 32, deaths at this point other, countries, that are smaller countries, have many many deaths thirty, twos a lot thirty twos too many but. When you look at the kind of, numbers. That you're seeing coming out of other countries. It's. Pretty amazing when you think of it so that's. It. We. Have things that I, can, do we. Have very strong, emergency. Powers under the Stafford Act and we. Are we have it I mean I haven't memorized practically. As to the. Powers in that act and if I need to do something I'll do it I have the right to do a lot of things that people don't even know, about, well. I don't want to say that but you know at some point it may be some of the more, minor things at this point but you know look we're we're. In great shape compared, to other places we, are in really, good shape and what we want to keep it that way that's why I did, the ban with. Respect to you I. Have. A lot of emergency, actions, that I can say yeah. Well. We're looking at a lot of things including paid, leave and we're looking at many things we're also making sure they're going to get their salaries, we have other workers too and those are people that work for tips and nobody thinks about them and we're, including them in a lot of our schedules, we're. Also making sure that the companies, which are good companies stay solvent. Have, the money necessary to keep functioning so, we have a lot of things that we're working, on with the financial, markets, and it's. Gonna work out fine you know where you. Have to remember the stock market, as an example is still much higher than when I got here and it's, taking a big hit but it's got all bounced back and it's going to bounce back very big at the right time. Right. Now and we're. Dealing also prior. To even the, Stafford Act we're, dealing with the, Democrats, in Congress we'll, see what can be done I happen.

To Think that a payroll tax. Cut would. Be a very good. Idea very just you know distribute it's it really, distributes. It very. Evenly, among, middle, class and, other, workers I mean many workers it would be a great thing I happen, to think it would be a great thing even beyond, this okay so. We're looking at the payroll, tax cut and, that. Won't come immediately, because that's a, stronger. Measure but. We are looking to do that and I think at the right time Congress, will probably, go with because it really is the most sensible thing we. Had the biggest bankers, in the world here yesterday getting their opinions, they all thought payroll. Tax cut would be a great thing it would evenly, and quickly, distribute a lot of money. No. Because, there are things in there that have nothing to do with what we're talking about so you know it's not a it's, not a way for them to get some of the goodies that they haven't been able to get for, the last 25. Years. Always. Always, oh it's. Just like your Prime Minister always, they will be did, not only welcomed loved we. Have minions. What is the number now would you say changes, every year it gets actually bigger. Thirty. Five million can you imagine it's, got to be one of our there's, got to be one of our biggest. Now. We we. Love the Irish. We're. Gonna be looking at that we're gonna be talking about that today, it's a very important. Part, of our conversation. That's going to be actually a very important, part of our conversation. Well. I think there's a lack of security, if they use Huawei, there's, a real, problem, with intelligence. And intelligence, security and we'll. See what happens we'll be discussing that point also. Can. I what. But. We have them very heavily tested if an American's coming back or anybody's, coming back we're, testing we have a tremendous, testing, setup where people, coming in have to be tested and if, they are positive, and if they're able to get through because if they're frankly if they're if, they're not we're not putting them on planes if. They're if, it shows positive but, if they are if they, do come here they, have to work warranty, it's going to be a pretty strong, enforcement, of quarantine look, the key is you, have to have separation, we, have to have separation, or this thing takes, longer to go away but, the real. Really. Important, and I think you can say this for your country I think we can say it for a lot of countries for all countries hopefully, it. Goes away it's, going away we. Want it to go away with very. Very few deaths. People. Have you, know we call it cases how many cases, do you have well.

Relative, To other countries we have very few cases relative. To certain of the of, the major countries, that really have a bigger problem than us, we've offered by the rat just. Interestingly, I, think we have the greatest doctors, in the world we've offered Iran. Assistance, Iran is having a tremendous problem. And, we. Have offered Iran assistance. If. They'd like it we will help them we'd be glad to help I think around mr. president, the Pentagon is determined, that an Iranian backed, militia fired the rocket that killed two American, soldiers in Iraq should they expect a response. I'd, rather not say but. Let's just put it this way you will see. But. I can't say I was working. On that last night also. They. Said a, lot of rockets now that hasn't been fully determined, it was Iran as you know is a was, a rebel group but. Most likely it looked like it could be backed by Iran and, we'll. See what the response is mr. president would you like to see the Prime Minister returns in the White House next year he's trying, to form a government at home would you like to see him I. Always want him to return because he's a friend we've been doing this now for quite, a while, we, started off both both. New to the job and yes. I would always like to see him I know they have other. People that I know and I get along with very well look we get along with the country but this, is a very special guy, we'd. Like to see you back in back in Ireland again. That's. That's of course a matter for the American people but, president. Trump and any American presence is always welcome. I. Did. Hear something about that we. Had dinner together in. Florida. In at, mar-a-lago. With. The entire delegation I, don't, know of what the press aid was there if he was there he was there but. We, did we. Did nothing very unusual, we sat next to each other for a period of time had a great conversation. He's doing a terrific job in Brazil and. We'll. Find out what happens I guess they're being tested right down. Let's. Put it this way I'm not concerned, president. Yesterday we heard from an emergency room physician in. Houston, who had a patient who was showing, symptoms, of something tested, negative for the flu this, physician wanted, to test this person for coronavirus, and, got kind of what this, doctor described, as an infinite, loop of stupid, trying, to get through to the, public, health agencies. In Texas, trying to get permission for. This person to be tested, is there something you can do is the President to try to cut through those bottlenecks. I was watching, they have a million tests so now they're going to have over, the next few days they're gonna have four million tests, and. Frankly. The testing, has been going very smooth if you go, to the right agency, if you go to the right area you get the test now. With with that being said as you know millions. Of being produced, this. Is a brand new thing that just happened but millions, are being produced now, if you go back and look at the swine flu and, what, happened with the swine flu you'll, see how, many people died and how. Actually nothing, was done for such a long period of time as people, were dying all over the place we're, doing it the opposite, we're very much ahead of everything, this person did contact the correct authorities, but they were closed for the day that he was on hold for an hour simply, trying to get attacked you're talking about one case I mean I could certainly look into a jet it's one case I've, heard also it goes very well I watch Scott Gottlieb.

Today Who's, was. With us and I respect him a lot I like him and I respect him and he was talking about how. We have so many different tests, and in some cases there in California where we have too, many and then, in other cases the distribution, could be a little bit better for certain areas but we've done, a good job on testing, and it. Was very interesting you might ask God about it. No. I have other things to do very busy. It's. Possible, and, it's possible I could also say that we could do it early we could end it early but. I thought it was an important, thing to do because of what's happening over there. Well. I think the. Democrats, won't. Be having rallies, but nobody, showed up to their rallies anyway so what difference does it you. Know I'll, be my, rallies are very big they're. Very big rallies and. We'll. Be making a decision at the appropriate, time I mean the the next one scheduled, is for the 25th, and that's. In Tampa but. We'll have to see whether or not we do know I'm not gonna do it if I think it's gonna be negative at all if people are if, if, we haven't made that turn yet we'll make the turn the, question is when and the question is how many people will die and I. Don't want people dying that's. What I'm all about, I made, a very tough decision last, night and a very tough decision a long, time ago with respect to China I don't, want people dying and that's why I made these decisions and whether, it affects the stock market, or not very. Important, but it's not important, compared to life and death so. I had to make that decision and frankly. The people that are professionals, praised the decision and it's. Something I had to do and, I. Think, you'll see the end result is very good because of it but it'll, take a period of time know when the rallies will. Make that decision but. At this moment we. Don't have I was, going to Las Vegas I was, going out to Nevada. As I said I, was, going to. Colorado. Where, we have Cory, Gardner running, and he's doing a great job by, the way he's done offense stick job, but. We've postponed, that I think we're gonna have Cory coming in here maybe, on Friday, we're. Going to do our event, from the White House. But. We have a lot of things that we're moving around because of what's happening, and because I want to be here this, is the nerve center I want to be right here I don't, want to be flying around in airplanes all over the place I want to be right here. Like. This but. Actually. People said you know you're, dealing, with people that, maybe. You don't want to deal with it I said you're right about that I'm wondering is the White House medical, office that the Secret Service canceled, to you against string to park from the White House. They, have not but, it's common sense you know a lot of it is and what I say is use common sense like, washing your hands and you know certain. Things keep, a little bit of distance away that's why the sporting, events are a little bit tough because. You have people sitting in small seats right next to each other so it's a little bit tough, what. Happened with the NBA is pretty incredible but you look over in in. Europe, and you see their big soccer matches were canceled it's pretty amazing when you when, you think of what happened and how fast, this spread to the world there was one country that was four countries then, it was nine I'm reading this list every week that.

It Was 13, then it was 22. And. Now I guess it's over a hundred countries so it's a it's, an amazing, thing how fast this one spreads this is this. Is a very fast, spreader. No. I just wished. The Prime Minister he's a great friend of mine Prime Minister Abbey, and, I wish him luck they did such a perfect, job that venues, are incredible, he was proudly showing me pictures of what they'd done the, last time I was with him this is before this came up and, I. Said what a job and they built it very, well they built it on budget, right on even under budget and. Their beautiful facilities. I don't, know. It's. Very possible it's. Very possible. That. For the Olympics maybe I just can't see having no people there in, other words not allowing people maybe. And, this is just my idea maybe they postpone it for a year maybe. They do that if that's possible maybe, they maybe, that's not possible I guess it's never happened, with the Olympics although, I think there was interruption. For Wars right. It was canceled or interruption. But, I would say maybe they postpone it for a year it's, a shame because really. I'm you, know I used to be in the real estate business as you probably heard they. Built some real and I built beautiful buildings and they built some really beautiful buildings. So you make this recommendation, to your institutions, or Lobby no no they're very smart they're gonna make their room but you know I like, that better than I like having empty stadiums, all over the place I think if, you cancel it make it a year later that's a better alternative than, doing. It with no crowd. Well. We didn't shake hands today and we, looked at each other we said what, are we gonna do you know it's sort of a weird feeling I think. We've said at the same time we did this you know, I just got back from India, and I didn't shake any hands there and it was very easy because they go like this and Japan. Goes like this they, were ahead of the curve okay, no. We looked at each other we said and, we also had a lot of press staring at us I was saying guys we'd supposed to shake hands and when, his group of very smart representatives. Came. In who I know, likewise. We did and it's a very strange feeling and I was never a big hand shaker as you probably heard but. Once you become a, politician. Chiqui and hands is very normal and, it's. A very strange feeling when people that you know and like they. Walk up and say hi and they're just like this. We. Were saying it's, a little bit it, feels it, all different almost feels feels and personal it feels like you're being rude but we, just can't afford to think like that for the next few weeks and mr.. President could, you talk about the trickle, through effect, of everything that we're seeing here it's like when, you when you cancel an NBA season, you're losing all of the revenue team's, out Enders I mean that it's that way all through the entire economy, it has an obvious, effect the only thing worse can be that you lose thousands, and thousands, of people more than you would have lost if you did it the way we're doing it so, it certainly has an impact and again, we're very much working. With the states because you know the states are a smaller form of government they can control, individual. Arenas and individual, things better and it's, different for different areas some areas have no problem, whatsoever in our country and, others do so, we're working with the governors of the various states and it's I think it's working very well I think the relationship. Has been very well good with California. And some others that. In particular have, been hit. Whoever. It is I hope they make their choice soon, I thought it was gonna be everybody, thought it was gonna be Bernie, and. I've said Elizabeth, Warren if she waited for you. Know she waited that extra three days four days and. Super. Tuesday was a disaster, he would have won every one of those states or almost, I think almost every one of those it's Maine Massachusetts. Texas. You. Take a look at the states that were, very close and many.

Of Her I would say most of her I would almost say all of ours but many of her votes would, have gone to him so had, she left prior. To Super Tuesday was just a few days he. Would have right. Now been declared virtually, the winner would have been over but, now we have Joe and I'm, very happy to run against Joe. We. Got one of the reasons I ran for president is, because of Joe and the, job they did so it's, one of the reasons so in a way it's in a way it's a you know it's it's. Maybe the way, it should be but it looks to me like it would be Biden, would win. We. Haven't discussed that yet is it a possibility, yes if somebody gets a little bit out of control if an area gets too hot you, see what they're doing in New Rochelle, which. Is, which. Is good frankly, it's the right thing but then it's not enforced, it's not very, strong but people, know they're they're. Being watched New Rochelle that's, a hot spot I. Did. Well. I asked them what's going on and they're having a dispute with Russia, this. Is something, that. Drove. Oil prices, down and one thing I can tell you is oil prices that are at a point now that I. Would have dreamed about because. The, gasoline prices are going to be coming way down they'll. Be coming way down so. With gasoline prices coming, down that's like a tax cut frankly. That's like a big tax, cut not a little tax cut for the consumer, so. There's something about that that I like thank, you very much everybody. Thank. You very much.

2020-03-16 23:22

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