Trump pitches coronavirus tax cut to wary Congress

President also wants assistance for shipping, cruise and airline industries

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U.S. President Donald Trump gives a thumbs up in front of reporters as he arrives with Senator Majority Leader Mitch McConnell, left, for a closed Senate Republican policy lunch meeting to discuss the response to the coronavirus outbreak on Capitol Hill. © Reuters

ALEX FANG, Nikkei staff writer

NEW YORK -- U.S. President Donald Trump's push for a payroll tax holiday in response to the coronavirus outbreak has cheered financial markets but faces skepticism in Congress, even among Republicans.

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