Trump accused Democrats of seeking "to bailout poorly run, high crime, Democrat States" and said that negotiations could begin again only after the election -- "after I win."
Trump, 74, and First Lady Melania Trump, 50, tested positive for COVID-19 on Friday, a development that upended the Republican leader's election campaign just weeks before the presidential polls on November 3.
The president had argued that the US needs to save and protect jobs for its domestic work force at a time when millions of them lost their jobs due to the coronavirus pandemic.
The announcement came after White House adviser Hope Hicks, one of Trump's closest aide, was confirmed to have tested positive for the virus on Thursday.
Trump did not say how long he was planning to be in isolation -- he is regularly tested for the potentially deadly virus but the tests can yield false negative results.