What's Happening: Trump taps powers, auto factories closing

in DLIKE4 years ago

STEEM POSTS

These are some of the latest developments Wednesday in the world's coronavirus pandemic:

— PRESIDENT TRUMP INVOKES EMERGENCY AUTHORITY

President Donald Trump invoked emergency authority to marshal industry to fight the coronavirus as the economic fallout from the crisis mounted. The entire U.S. auto industry announced it was shutting down its North American factories. Stocks tumbled again on fears of a prolonged recession, falling so fast they triggered another automatic trading halt. The Dow Jones Industrial Average shed more than 1,300 points, or over 6 percent, and has now lost nearly all of the big gains it had posted since Trump's inauguration.


Shared On DLIKE

Sort:  

Copying/Pasting full or partial texts without adding anything original is frowned upon by the community. Repeated copy/paste posts could be considered spam. Spam is discouraged by the community and may result in the account being Blacklisted.



Join the community in our migration to Hive, a community built blockchain for the community. All Steem account holders will receive equivalent stake on the new Hive blockchain.

Please see this post on SteemPeak for more information.

Warning! This user is on our black list, likely as a known plagiarist, spammer or ID thief. Please be cautious with this post!
If you believe this is an error, please chat with us in the #appeals channel in our discord.