On March 13, local time, US President Trump announced a "national emergency" at the White House in response to the new crown pneumonia epidemic. Photo by China News Agency reporter Chen Mengtong

China News Service, March 17th. Local time. On the 16th, local time, US President Trump said that the United States "may be" heading for a recession.

According to CNN, Trump responded to a question at the White House press conference on whether the United States was heading for a recession that day, "it is possible." "We are not thinking about a recession," he added, and the most urgent task at present is to fight the new crown virus.

He said that once the epidemic is contained, the economy will see a "huge rebound."