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Trump To Stimulate Economy Tomorrow

Trump To Stimulate Economy Tomorrow
Map of Strategic Petroleum Reserves in the United States

President Donald Trump during a press conference today declared tomorrow afternoon he will unveil a ‘major’ stimulus package to help the economy damaged by the coronavirus outbreak.

Some possible measures to be included could be the following…

  • Strategic Petroleum Reserve stocks increased
  • Healthcare financial assistance
  • Assistance to small business
  • Assistance for employees working from home
  • Assistance to travel and hospitality industry
  • ‘Marshall Plan’ for vaccination development
  • Tariffs on oil imports
  • Payroll tax cut
  • Pharmaceutical manufacturing investment

CD Media will report tomorrow on the developments…Markets are rallying on the news.

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