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US President Donald Trump abruptly canceled negotiations with Democrats on additional Covid-19 relief measures, announcing the postponement of this activity until after the November general election.
According to the AP, President Trump posted on Twitter on October 6 that the Speaker of the US House of Representatives, Nancy Pelosi, “did not negotiate in good faith.”
Trump announced that he had asked Mitch McConnell, the Republican Majority Leader in the United States Senate, to lead the entire pre-election focus in approving Justice Amy Coney Barret, whom he nominated for the Supreme Court.
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| United States President Donald Trump leaving Walter Reed Army Hospital to return to the White House to continue COvid-19 treatment on October 5. Photo: Reuters |
“I instructed my representatives to stop negotiations until after the election. As soon as I win, we will pass a major stimulus bill, focused on these American working people and small businesses,” Trump wrote.
According to the AP, President Trump made a surprise decision shortly after discussions with top Republican leaders, despite warnings from the president of the US Federal Reserve that the situation deteriorated. economy.
Wall Street shares fell simultaneously after the shocking move by the head of the US government. The S&P 500 fell 1.4 percent after rising 0.7 percent before the announcement, about an hour before the market closed on October 6.
The Dow Jones Industrial Average and the Nasdaq Composite Index also fell 1.4% and 1.6%, respectively, although both gained points on news that the president left the hospital to return to the White House to continue his Covid-19, showing investor confidence in the positive evolution.
Some analysts said the sudden end of the negotiations meant that the Trump administration would stop supporting voters, including a direct grant of $ 1,200 per capita for most citizens before the election. President this year, even as the unemployment rate across the country is around 8% and millions of people face the risk of losing their jobs.
Thus, the move could deal a blow to President Trump’s reelection prospects, just as his campaign and administration are in trouble. Trump is currently in quarantine treatment at the White House, disrupting live campaign sessions. A more recent series of polls has shown that he is increasingly inferior to rival Joe Biden in voter support ratings at a time just 4 weeks from national vote day.
Tuan Anh
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