Wilbur Ross: China’s Coronavirus Is Good For US Jobs

NBC News reports:

Commerce Secretary Wilbur Ross said on Thursday that the coronavirus outbreak in China could lead businesses to bring jobs back to the U.S. and Mexico.

“Well, first of all, every American’s heart has to go out to the victims of the coronavirus. So I don’t want to talk about a victory lap over a very unfortunate, very malignant disease,” Ross told Fox Business Network on Thursday. “But the fact is, it does give businesses yet another thing to consider when they go through their review of their supply chain.”

“On top of all the other things, you had SARS, you had the African swine virus there, now you have this,” Ross continued. “It’s another risk factor that people need to take into account. So I think it will help to accelerate the return of jobs to North America. Some to U.S., probably some to Mexico as well.”