Trump signs $2 trillion coronavirus stimulus bill

U.S President Donald Trump signed into law the historic $2 trillion rescue package to help the Americans and secure the country's economy ravaged by the coronavirus pandemic that has infected nearly 100,000 people across the nation.

Help is on the way," Trump assured his countrymen as he signed the Bill in the Oval Office at the White House.

The Senate and the House of Representatives earlier passed the Bill.

"We got hit by the invisible enemy and we got hit hard," he said, adding the economy would come roaring back.

"I think we are going to have a tremendous rebound."

The legislation among other things gives $3,400 for most of the American families of four, and billions of dollars' worth of financial assistance to to small and medium businesses, and big corporations like Boeing.

"I've signed the single biggest economic relief package in the American history and, I must say, any other package by the way. It is twice as large as any relief every signed," the President said.

The magnitude of the package can be seen in the context that India, one of the top five economies of the world, is estimated at $3 trillion.

(Agencies)