Us President Donald Trump – File Pic
Washington – In the United States, Trump administration announced a plan on Tuesday to send money directly to Americans immediately to ease the economic shock of the coronavirus pandemic, as fatalities hit 100 and the number of cases surpassed 5,700.
This comes as West Virginia’s governor announced on Tuesday night the first positive case of coronavirus in the state, meaning all 50 US states now have confirmed cases, raising the alarm across the country.
Governor Jim Justice said the confirmed case was detected in the state’s Eastern Panhandle, an area close to Washington, DC. He did not immediately disclose the county where the illness occurred.
The US government is scrambling to get a grip on the virus that is rapidly spreading through the US and on Tuesday, President Donald Trump told reporters that the economic challenge will be tough in the short term but that the economy will eventually rebound.
“We’re going to win and I think we’re going to win faster than people think, I hope,” said Trump, surrounded by top advisers on the coronavirus crisis.
Worldwide, the coronavirus has killed more than 7,500 people and infected 184,000 others, according to the World Health Organizations. More than 80,000 have recovered, according to John Hopkins University.
Appearing with Trump, US Treasury Secretary Steven Mnuchin said the Trump administration wants to send cheques to Americans within the next two weeks to help them cope with the virus fallout.
“We’re looking at sending cheques to Americans immediately,” Mnuchin said. “Americans need cash now … and I mean now in the next two weeks.”
Mnuchin also said individuals can defer income tax payments up to $1m and corporations up to $10m for 90 days, interest and penalty-free.
He was adamant that the Trump administration intends to keep markets open through the coronavirus crisis, although shorter trading hours may be needed at some point.
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