"There is a much bigger wave of protectionism in the near term that we should expect that is not just in medical supplies," said Deborah Elms, executive director at Asian Trade Centre.
New York Gov. Andrew Cuomo is holding his daily press conference on the COVID-19 outbreak, which has infected more than 151,079 people in the state as of Thursday morning.
Birx said the New York metropolitan area, which includes Northern New Jersey, Connecticut and Rhode Island, is still reporting roughly 11,000 new cases a day and that about 40% of all COVID-19 tests are positive.
The U.S. has reported the world's highest number of coronavirus cases at more than 400,000, with over 14,000 deaths, according to data compiled by Johns Hopkins University.
The U.S. unemployment claims report for the week ended April 4 is set to be out at 8:30 a.m. ET Thursday, with more than five million expected to have filed for unemployment last week as the country continues to grapple with the coronavirus pandemic..
The number of confirmed coronavirus cases in the U.S. surpassed 400,000 on Wednesday, according to figures provided by NBC, with 12,864 fatalities nationwide.
The economic impact of the coronavirus pandemic could cascade from a health catastrophe into a financial crisis in countries struggling to cope, Singapore's trade minister warned on Thursday.
According to Charnvirakul, intensive measures announced last month have helped control the spread of the coronavirus but social distancing efforts needed to be stepped up.
President Donald Trump criticized the international agency's response to the outbreak, saying the WHO "really called, I would say, every aspect of it wrong."
"There are several groups that are conducting investigations in animals to really understand how pets are infected," WHO's Dr. Maria Van Kerkhove said.
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