Trump accuses news channels of spreading panic across country over coronavirus

US President Donald Trump has accused two cable TV news channels of making virus look much worse than it actually is and as a result upsetting financial markets. Trump me accusation in a tweet that he uploed on February 26. US President's accusation come just after public health officials h warned United States to prepare for a likely outbreak.

'USA in great shape'

On February 25, officials at US Centers for Disease Control and Prevention (CDC)  reportedly said that global spre of coronavirus across different nations h m worried about virus eventually spreing in United States. y did t specify about when outbreak may occur and how severe it would be.

Reports have stated that global markets have experienced a series of lows in recent days due to panic and anxiety caused by continued spre of coronavirus in several nations. Reports also indicated that US stocks were lower than usual on February 26 as a fresh wave of fears of coronavirus spreing in United  States grips stock market.

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As per reports, US House of Representatives Speaker Nancy Pelosi on February 26 refuted assertions me by Donald Trump in a press conference that virus outbreak was under control. She said that she did t think that US President knew what he was talking about. Reports have quoted US Health and Human Services Secretary Alex Azar told US lawmakers that United States would most likely t implement regional lockdowns as has been a practice in China and or countries where virus outbreak is quite severe.

Reports have analysed amount of funding that has been allocated to battling past viral outbreaks and assume that level of funding that can possibly be allocated to contain coronavirus in United States is between $4 billion to $7 billion range.

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