Commerce Secretary Wilbur Ross said the coronavirus outbreak in China, which has killed 170 people so far, would give US businesses more to consider.
Secretary of Commerce Wilbur Ross said in a Fox Business interview on Thursday that the coronavirus outbreak in China could further bolster the economy and bring jobs back to the United States.
"I think it will help to accelerate the return of jobs to North America, some to US, probably some to Mexico as well," Ross said. "It is also important to consider the ramifications of doing business with a country that has a long history of covering up real risks to its own people and the rest of the world," the spokesperson said."Fortunately, the Department of Commerce is equipped to support the American people and our businesses to do both."
The outbreak has also roiled markets and led to projections of reduced Chinese economic growth in first few months of 2020. A few of the world's largest corporations like Apple have significantly rolled back their operations and shuttered their factories.
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