President Trump on Friday declared a national emergency over the coronavirus outbreak amid extensive disruptions to the economy and American life, announcing partnerships with major U.S. companies to expand testing capabilities while saying he believes the crisis “will pass.”

“We are announcing a new partnership with the private sector to vastly increase and accelerate our capacity to test for the coronavirus,” Trump said during the Rose Garden press conference. “We want people to take a test quickly if they need. But we don’t want people to take the test if we feel they shouldn’t be doing it.”

“I am officially declaring a national emergency — two very big words,” Trump continued. “The action I am taking will open up access to up to $50 billion…and a large amount of money for states, territories and localities.”

More at Fox News.

President Trump announced that he plans to hold a press conference Friday afternoon to address the coronavirus crisis, as concerns over the spreading outbreak wreak havoc on the economy and American life.

Fox News is told the president is expected to declare a national emergency.

“I will be having a news conference today at 3:00 P.M., The White House. Topic: CoronaVirus!” he tweeted.

More at Fox News.

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