Trump declares national emergency

U.S. President Donald Trump declared a national emergency over the COVID-19 pandemic on Friday. The emergency declaration will open up 50 billion U.S. dollars of government funds to assist states, territories and localities, Trump said.  

Trump also announced a partnership with the private health sector to create more test kits and that drive-through testing centers will be open in certain areas where people can get swabbed for the virus without having to leave their automobile.

The U.S. president also said the government is waiving interest on student loans owed to federal agencies until further notice and that the U.S. will also buy "large quantities" of oil for reserves.

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