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Thursday
March 19, 2020
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Trump invokes emergency authority; Big 3 automakers closing

MINNEAPOLIS (AP) — Presi-
dent Donald Trump on
Wednesday moved to in-
voke a federal law that
allows the government to
marshal the private sec-
tor to fight the coronavi-
rus epidemic, as the eco-
nomic damage mounted
with word that Detroit's Big
Three automakers agreed
to shut down all their facto-
ries to protect workers.
On a day of head-spinning
developments, stocks tum-
bled again on Wall Street,
falling so fast they trig-
gered another automatic
trading halt. More borders
slammed shut across Eu-
rope and North America,
with the U.S. and Canada
agreeing to close their
shared boundary to all
but essential travel. And
the Trump administration
pressed Congress to swiftly
pass a potentially $1 trillion
rescue package to prop up
the economy and speed
relief checks to Americans Traders at the New York Stock Exchange watch President Donald Trump's televised White House news conference, Wednesday,
in a matter of weeks. March 18, 2020 in New York.
Continued on next page Associated Press