Trump declares national emergency unlocking $50bn in funds

Schools, landmarks and events canceled across America

20200313N Trump rose garden

U.S. President Donald Trump speaks at a press conference in the Rose Garden of the White House. © Reuters

ALEX FANG, Nikkei staff writer

NEW YORK -- U.S. President Donald Trump on Friday declared a national emergency over COVID-19, as the week's rapid escalation gave the nation a rude awakening over the severity of the outbreak.

At a news conference at the White House Rose Garden, Trump said the fight against the new coronavirus was entering "a different phase" and that the emergency declaration will unlock $50 billion in funds.

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