Trump cheers lower gas prices amid stock market plunge, downplays coronavirus fears again

Donald Trump.
(Image credit: Drew Angerer/Getty Images)

When it comes to the novel coronavirus, President Trump is ever the optimist.

As the virus spreads throughout the U.S. and across the globe, stoking fears about physical and economic health (amplified by Monday's stock market plunge), Trump has maintained a mostly rosy outlook. He continued that Monday first by highlighting tumbling gas prices — spurred by Saudi Arabia's decision to slash oil exports by 10 percent over the weekend and crude oil falling more than 20 percent — which he said were "good for the consumer."

Subscribe to The Week

Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

SUBSCRIBE & SAVE
https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg

Sign up for The Week's Free Newsletters

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

Sign up
Explore More
Tim O'Donnell

Tim is a staff writer at The Week and has contributed to Bedford and Bowery and The New York Transatlantic. He is a graduate of Occidental College and NYU's journalism school. Tim enjoys writing about baseball, Europe, and extinct megafauna. He lives in New York City.