US to consider stopping Saudi oil imports as a measure to support domestic drilling industry
US crude oil futures collapsed to trade in negative territory for the first time in history on Monday, amid a coronavirus-induced supply glut.
Trump said he had heard the proposal immediately before the news briefing. “We certainly have plenty of oil, so I’ll take a look at it,” he said. “The problem is no one is driving a car anywhere in the world, essentially. ... Factories are closed, businesses are closed,” Trump said. “We had really a lot of energy to start off with, oil in particular, and then all of a sudden they lost 40 percent, 50 percent of their market.”
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House Speaker Nancy Pelosi warns Trump may put US in 'further danger' during coronavirus crisis'If he continues to predicate the actions that we take on a false premise, then we're in further danger,' Pelosi said during a wide-ranging interview on 'This Week' with ABC News' Chief Anchor George Stephanopoulos. Pelosi also referred to Trump's comments at the onset
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Trump claims he will temporarily suspend immigration into US due to coronavirus fearsPresident Donald Trump said late Monday night he will sign an executive order temporarily suspending immigration to the United States as the nation battles the health and economic effects of the coronavirus pandemic.
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Trump to Temporarily Halt Immigration Into the U.S. Amid Coronavirus CrisisPresident Trump said Monday he plans to sign an executive order temporarily suspending immigration into the U.S., saying he was doing so to protect American jobs as the novel coronavirus has taken a sharp toll on the economy.
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House Speaker Nancy Pelosi warns Trump may put US in 'further danger' during coronavirus crisisSpeaker Nancy Pelosi says Trump’s support for stay-at-home order protests is a “distraction from the fact that he has not appropriately done testing.” “The key that opens the door to the economy is testing, testing testing. We haven’t done it right.”
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