WASHINGTON (Reuters) – The Trump administration is asking Congress for $2.5 billion to fight the fast-spreading coronavirus, including more than $1 billion for vaccines, the White House said on Monday.

FILE PHOTO: Passengers arrive at LAX from Shanghai, China, after a positive case of the coronavirus was announced in the Orange County suburb of Los Angeles, California, U.S., January 26, 2020. REUTERS/Ringo Chiu/File Photo

With financial markets falling on concerns that the virus will have a significant impact on the global economy, the Trump administration is eager to show it is prepared to combat the virus despite the limited number of cases so far in the United States.

The virus has spread to some 29 countries and territories beyond mainland China, with outbreaks in South Korea, Iran and Italy. [L3N2AO07M]

“The Trump administration continues to take the spread of the COVID-19 Coronavirus Disease very seriously. Today, the administration is transmitting to Congress a $2.5 billion supplemental funding plan to…

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Trump administration seeks $2.5 billion in funds to fight coronavirus
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