In the USA, the government and the Republicans and Democrats in Congress have managed to agree on an economic stimulus package. It will be worth two trillion dollars and will support the US economy in the fight against the corona crisis. This was announced in Washington on Wednesday morning (25 March). Among other things, USD 367 billion are to go to support small businesses, American citizens are to receive one-time payments of USD 1,200, and hospitals and other care facilities will also benefit from the economic stimulus package.
Infection rate is rising sharply
US President Trump, however, surprises with statements that play down the current situation in the USA. While new corona infections in the up to 5-digit range are being reported daily and the USA now ranks first among the countries with the most infections, he announced that he would reopen shops and get the economy going again by Easter. The infection curve in the USA even exceeds that of Italy, which is particularly hard hit by the Covid-19 pandemic. The numbers are particularly high in the world metropolis of New York, with over 10,000 infected persons, and in the most populous state of California, where a curfew has now been imposed. In the USA, only about one third of the people have been kept at a social distance by curfews or contact restrictions - clearly too few, as the examples of other countries show. Trump's rush to get the economy back on track may be due to the current election campaign - "America first" does not seem to apply to health in this case.
What about the trade?
The borders to Canada and Mexico were closed a few days ago, but so far only cars are concerned; trade and exports continue to date, but with massively tightened health controls. In response to an enquiry from Mundus Agri, a dried fruit producer in the USA reported that production and shipments are currently continuing with only a few restrictions.