India, March 1 -- A widely shared online claim asserts that President Donald Trump declared a national emergency and ordered the shutdown of the US stock market.

The claim stems from a draft executive order disseminated by pro-Trump lawyers who, according to several sources, assert without proof that China meddled in the 2020 election to support the declaration of a national emergency that would grant the president more voting power.

The post claims that President Trump stated there is a threat to the American financial system. The post further alleges that Trump ordered an "immediate closure of all trading."

It alleges that the White House has also announced the closure of the US Stock markets until "the system is fully stabilized." ...