Trump’s Commerce Secretary Wilbur Ross Thinks the Coronavirus Outbreak Will Bring Jobs Back to North America (Newsweek)

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    Trump’s Commerce Secretary Wilbur Ross Thinks the Coronavirus Outbreak Will Bring Jobs Back to North America – By Hunter Moyler (Newsweek) / Jan 30 2020

    Secretary of Commerce Wilbur Ross said in a Thursday interview that the coronavirus outbreak that began in China could bode well for the job market in North America.

    Ross, who has been a member of the Cabinet since he was appointed a month after the inauguration, made his case after Fox Business host Maria Bartiromo asked him on Thursday how he thought the coronavirus could impact China’s global economic clout. Countries have limited travel to and from China in order to stymie the spread of the virus.

    In his answer, Ross began by clarifying that his sympathies were with those who had been affected by the virus.

    “Well, first of all, every American’s heart has to go out to the victims of the coronavirus,” Ross said. “So I don’t want to talk about a victory lap over a very unfortunate, very malignant disease. But the fact is, it does give businesses yet another thing to consider when they go through their review of their supply chain.

    “On top of all the other things, you had SARS, you had the African swine virus there, now you have this,” he continued. “It’s another risk factor that people need to take into account. So I think it will help to accelerate the return of jobs to North America. Some to U.S., probably some to Mexico as well.”

    Continue to article: https://www.newsweek.com/trumps-commerce-secretary-wilbur-ross-thinks-coronavirus-outbreak-will-bring-jobs-back-north-1484895

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