Top White House economist Larry Kudlow said Tuesday he's confident the U.S. would be able to avoid a recession even if other countries experience one. Speaking on CNBC, Kudlow said China would take "an awfully big hit" economically from the coronavirus but that recent data shows the U.S. is holding up well. Earlier Tuesday an official from the Centers for Disease Control and Prevention said Americans should prepare for the COVID-19 coronavirus to spread in their communities and cause disruption. The Dow Jones Industrial Average slid about 560 points early Tuesday afternoon, marking a second day of steep losses over fears of the spread of the virus.
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