As the world scrambles to contain the deadly coronavirus outbreak—which as of Friday has infected at least 83,000 people in 53 countries—President Donald Trump and his allies are busy pushing the conspiratorial narrative that press coverage of the epidemic is aimed at destroying him. The apparent attempt to politicize the global health crisis is likely to fuel investors’ concerns that the Trump administration is woefully underprepared to tackle the rising threat of coronavirus in the United States. The effort first started Monday when Trump—without evidence—accused the media and Democrats of hyping the coronavirus in order to make the situation look “as bad as possible” and tank the stock market.

 

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