Days after upsetting results, Trump comes close to conceding defeat

At the White House event, Trump delivered his first public remarks after November 3 elections but didn't acknowledge the results.

He, however, hinted that his tenure could end in January 2021.

Notably, Trump is one of the rarest US Presidents to lose a re-election bid. His challenger, Democrat Joe Biden, got 290 electoral votes, 20 more than the magic number of 270.

While speaking to the press, Trump provided a rosy update on coronavirus vaccine.

Taking the same tone he took throughout electioneering, Trump assured that a vaccine would "arrive within a few weeks" and that the high-risk individuals would get it first.

Notably, since the outbreak in China last year, the US has lost 249,975 to the contagious disease. A staggering 11,064,364 have contracted COVID-19.

Reportedly, Trump credited Operation Warp Speed — a joint program between drugmakers, US Defense Department, and US Health and Human Services, for speeding up vaccine research and development — for the welcome news which Pfizer shared.

"It's been an incredible effort. As a result of Operation Warp Speed, Pfizer announced on Monday that its China virus vaccine is more than 90% effective," Trump said.

Though Trump, who himself got infected, assured that the vaccine would be available soon, some roadblocks still persist. There's no guarantee that Pfizer would get authorization for emergency use by FDA.

Moreover, there is no clarity about whether the vaccine will be effective in older adults.

Further, Pfizer, reports claimed, doesn't have a stock ready that can be shipped immediately.

Earlier, Trump also floated a conspiracy theory that Pfizer deliberately delayed the announcement to hurt him politically.

"As I have long said, @Pfizer and the others would only announce a Vaccine after the Election, because they didn't have the courage to do it before. Likewise, the @US_FDA should have announced it earlier, not for political purposes, but for saving lives! (sic)," he tweeted.

As Trump is refusing to transfer power easily, President-elect Biden called his behavior "embarrassing."

"Well, I just think it is an embarrassment, quite frankly, the only thing that, I think it will not help the President's legacy," he said recently.

The 77-year-old said he understood the sense of loss Trump's voters are feeling, adding that a majority of them want to unite the country.