Trump today denied that he’d ever seen memos, written by his trade adviser beginning in January, that warned the coronavirus could cost trillions of dollars and imperil the lives of millions of Americans. “I didn’t see them. I didn’t look for them either”
on Monday night, only a few days ago, but he asserted that the documents lined up with his travel restrictions for foreigners coming from China.Navarro’s memos laid out in stark terms the catastrophic toll the virus could have — both on American lives and the U.S. economy — and prescribed a number of containment measures that might have seemed drastic at the time but that ultimately came to fruition.
Navarro’s Jan. 29 memo warned that without “aggressive” containment measures like the travel ban that he advocated, the cost to the U.S. economy could soar to nearly $6 trillion, compared with an economic hit of $2.9 billion to $34.6 billion a month with a travel ban in place. The memo also laid out an estimated death toll of up to half a million Americans.
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