Published 23:27 IST, January 30th 2020
China's Coronavirus may help boost US jobs, says US Secretary of Commerce
Coronavirus in China could force companies to amend their supply chains, & may potentially return some jobs to the United States, US Secretary of Commerce said.
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dely Coronavirus which has claimed lives of 170 people and infected over 7,700 people in China could force companies to amend ir supply chains, and may potentially return some jobs to United States, said US Secretary of Commerce Wilbur Ross on Thursday.
Ross expressed sympathy for victims of Coronavirus and ir families.
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“But fact is, it does give businesses yet ar thing to consider when y go through ir review of ir supply chain, on top of all or things,” he said during an interview with Fox Business Network.
Ross furr said, “It’s ar risk factor that people need to take into account, so I think it will help to accelerate return of jobs to rth America - some to US, probably some to Mexico.”
China-US relations
While Coronavirus has t been declared a worldwide health emergency, it has risked global ecomy considering China’s position as world’s second-largest ecomy after United States.
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China has locked down Wuhan, along with or cities in Hubei province, from where first case was reported. Major international companies have also closed ir China operations, and airlines have suspended China-bound flights.
Earlier this month, US and China h agreed on a Phase 1 tre deal, which President Donald Trump touted as helping fulfill his 'America First' campaign pledge with an aim to boost US ecomy and workers.
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deal proved to be helpful in markets at time, although many key issues were left unresolved and pushed to planned Phase 2 discussions.
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US screens Americans evacuated from China
195 Americans who were rescued from Wuhan amid rapid increase of Coronavirus outbreak are undergoing three days of testing and monitoring at a California military base to ensure re are signs of illness, officials said on Wednesday.
people evacuated from China on US chartered plane have t been isolated, Dr Chris Bren of Centers for Disease Control and Prevention told reporters after plane landed at March Air Reserve Base.
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If passengers from chartered flight show signs of virus and leave base, y will continue to be monitored by public health officials at ir destinations for remainder of a period lasting 14 days.
23:27 IST, January 30th 2020