Sure he did.Trump knew if he made a huge deal about Coronavirus then the investors would get spooked and the Stock Market would crash. So obviously Trump did the right thing.
The stock market crashed anyway
February 27 2020
TORONTO -- In the middle of a disastrous week for North American stock markets, U.S. President Donald Trump held a press conference Wednesday evening in hopes of minimizing fears about the novel coronavirus outbreak.
"This will end," Trump said of the outbreak. "You don't want to see panic because there's no reason to be panicked."
Trump’s words did little to calm investors. The Dow plunged 1,191 points on Thursday, marking the worst one-day point drop in the index’s history. In Canada, the TSX was down 325 points, or 1.9 per cent, when technical issues caused trading to come to a sudden halt.