Trump rolls out extraordinary measures to combat coronavirus pandemic amid looming recession. Image via Politico.
Politics

Trump rolls out extraordinary measures to fight coronavirus pandemic

Amid the looming economic uncertainty caused by the COVID-19 pandemic and the global economy sinking into an almost-certain recession, US President Donald Trump has announced extraordinary measures to ease the economic fallout from the outbreak, seeking more than 1 trillion USD in emergency funds and allowing Treasury Secretary Steve Mnuchin to defer income tax payments without penalty or interest for up to 90 days.

emergency trump economy payment steve-mnuchin treasury secretary penalty coronavirus pandemic recession covid-19 income-tax

Wed Mar 18 - NewYorkTimes

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