Nathan Hager

President Trump says he is hopeful the virus can be contained.

It was President Trump again speaking in the Oval Office.

Three cruise passengers died.

Six others with confirmed or suspected cases are being quarantined.

And health officials say it's the first hantavirus outbreak on a cruise ship.

I'm Nathan Hager.

And this is Bloomberg.

Well, Nathan, to help ease the burden of higher prices at the pump, President Trump said he is seeking to suspend the federal 18.4 cent a gallon tax on gasoline.

According to independent budget analysts, that would cost the federal government about $3.5 billion a month in lost gasoline and diesel tax revenue.

The president's proposal would require an act of Congress.

All right, Amy, thank you.

Well, several Wall Street titans will be accompanying the president on his China trip.

One notable absence, though, NVIDIA CEO Jensen Wong, while more than a dozen other top executives, including Apple CEO Tim Cook and Tesla's Elon Musk, made the cut for the business delegation.

A White House official says Wong was not among those invited.

Wong's absence may be a potential setback for him in his bid to sell NVIDIA's AI chips to China.

Well, let's go to politics overseas.

Nathan, Keir Starmer is facing growing pressure to step down as Britain's prime minister.

Let's go live to London and get the very latest with Bloomberg's James Woolcock.

Good morning, James.

Let's turn to the markets now, Nathan, where South Korea's KOSPI index shed more than $300 billion in value in just 97 minutes today.