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Coronavirus impact on economy 'short-term issue': Mnuchin

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AFP Washington
Last Updated : Mar 13 2020 | 8:04 PM IST

President Donald Trump is "very close" to reaching a stimulus agreement with US lawmakers to fight the economic damage from the coronavirus outbreak that has sent markets plunging and disrupted businesses, Treasury Secretary Steven Mnuchin said Friday.

The fears surrounding the virus has pushed Wall Street indices into a bear market, shut down Disneyland and Broadway, and led major sports leagues to cancel or postpone their seasons, but Mnuchin called the slowdown a "short-term issue."

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First Published: Mar 13 2020 | 8:04 PM IST

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