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AmCham Romania Resource Center for COVID-19 Response U.S. Response U.S. Response to the COVID-19 Pandemic

U.S. Response to the COVID-19 Pandemic

by Simion & Baciu Law Firm May 26, 2020

Website simionbaciu.ro

  1. The US Centers for Disease Control and Prevention released its full, 60-page guidance on how to safely reopen. (https://www.cdc.gov/coronavirus/2019-ncov/downloads/php/CDC-Activities-Initiatives-for-COVID-19-Response.pdf)
  2. NYSE opens floor to traders for first time in two months. (https://www.theguardian.com/business/live/2020/may/26/global-stocks-climb-as-countries-ease-covid-19-lockdown-measures-business-live)
  3. Feds suspect a vast fraud network is targeting U.S. unemployment systems. (https://www.boston.com/news/finance/2020/05/16/feds-suspect-vast-fraud-network-is-targeting-u-s-unemployment-systems)
  4. All 50 states have reopened to some degree. The rules still vary widely. Still, as governors face intensifying pressure to reopen their economies, experts warn it could mean thousands of new deaths. (https://edition.cnn.com/interactive/2020/us/states-reopen-coronavirus-trnd/)
  5. Trump Says He Is ‘Considering’ Hosting G7 Summit at Camp David. (https://www.euronews.com/2020/05/21/g7-donald-trump-wants-a-comeback-summit-in-the-us-but-does-anyone-else)
  6. If the United States had begun imposing social distancing measures one week earlier than it did in March, about 36,000 fewer people would have died in the coronavirus outbreak, according to new estimates from Columbia University disease modelers. (https://www.medrxiv.org/content/10.1101/2020.05.15.20103655v1)
  7. A senior White House economic adviser on Sunday again forecasted the US could see steep unemployment rates in May, which could exceed 20%, and June amid the coronavirus crisis, with the possibility of double-digit jobless numbers in November. (https://edition.cnn.com/2020/05/24/politics/kevin-hassett-unemployment-coronavirus-may-predictions/index.html)
  8. U.S. President Donald Trump threatened on Monday to permanently halt funding for the World Health Organization (WHO) if it did not commit to improvements within 30 days, and to reconsider his country’s membership of the agency. (https://www.reuters.com/article/us-health-coronavirus-trump-who/trump-threatens-to-halt-who-funding-review-u-s-membership-idUSKBN22V0B0)
  9. The United States has made over $500 billion in loans to small businesses hit hard by the coronavirus pandemic, and about $145 billion remains in the congressionally approved fund, the U.S. Small Business Administration and Treasury Department said on May 3. (https://www.reuters.com/article/us-health-coronavirus-usa-stimulus/u-s-processes-over-500-billion-in-small-business-loans-to-stem-coronavirus-fallout-idUSKBN22F0KX)
  10. More than 20 million jobs were destroyed in April, a level worthy of the crisis of the 1930s. (https://www.france24.com/fr/20200508-covid-19-aux-%C3%A9tats-unis-plus-de-20-millions-d-emplois-d%C3%A9truits-en-avril)
  11. Containment extended in New York until May 28. (https://www.reuters.com/article/us-health-coronavirus-trump-postalservic/trump-threatens-to-block-aid-for-u-s-postal-service-if-it-does-not-raise-prices-for-amazon-idUSKCN226367
  12. Due to the health crisis associated with the new coronavirus, the United States is entering a historic economic recession in 2020 after ten years of uninterrupted growth. US GDP fell 4.8% in the first quarter, according to a Commerce Department estimate. (https://www.france24.com/fr/20200429-covid-19-aux-%C3%A9tats-unis-une-r%C3%A9cession-historique-attendue-pour-l-ann%C3%A9e-2020)
  13. President Trump on Monday intensified his push for businesses to reopen as quickly as possible, but companies and cities continued to wait for the disbursement of unspent bailout funds and remain unsure what to expect as rules and programs continue to shift. (https://www.inquirer.com/health/coronavirus/coronavirus-stimulus-loans-20200518.html
  14. The US is announcing sanctions against 33 Chinese companies and institutions. (https://www.hotnews.ro/stiri-international-24012465-sua-adauga-33-companii-chineze-lista-economica-neagra.htm

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