Situation is turning worse day by day in US. With raising Covid 19 cases, US officials are panicking over the economy. As per the financial experts, if the same situation continues till 2nd week of April, the nation will experience the start of severe recession.
Most of the businesses are highly impacted and majority of them are the shops. While the sales are zero, they still have to pay for the rent and other utilities. Unemployment is raising and it is expected to raise further. With no money in hand and lots of credit card bills to pay, the recession is expected to officially begin.
While Italy surrendered to Covid 19, US Government is trying its best to tackle the situation. Few US officials blamed Trump for not taking Covid 19 seriously, when it is in the initial phase. Meanwhile, Trump is trying to divert the topic calling Covid 19 as Chinese Virus.