(Bloomberg) — The U.K. became the latest nation to put its citizens under lockdown, while President Donald Trump said the U.S. economy can’t remain slowed for too long, declaring the country “was not built to be shut down.”

The Federal Reserve announced a second wave of initiatives after Democrats blocked the Senate from advancing a rescue plan. Even as Trump said America will reopen in sooner than three or four months, governors from Washington to Massachusetts implemented stay-at-home policies.

China’s imported infections nearly doubled, and global deaths topped 16,500. An International Olympic Committee member said a decision to postpone the Games in Tokyo has already been made, though a delay hasn’t been announced yet. German Chancellor Angela Merkel’s first coronavirus test came back negative.

Key Developments:

• Cases top 375,000 and 16,500 dead: Johns Hopkins tally
• Trump says U.S. isn’t ‘built to be shut down’ over virus
• U.S. governors clamp down
• IOC member says Olympics will be postponed
• CVS to hire 50,000 workers to meet demand

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NYC Region’s Infection Rate Far Exceeds Other Areas (9:25 a.m. HK)

The New York metropolitan area, the center of the outbreak in the U.S., has a higher infection rate than in the rest of the country and a greater share of tests that come out positive, said Deborah Birx, a member of the Trump administration’s coronavirus task force. The attack rate in the region is close to one in 1,000, five times what other areas are seeing, Birx said a Trump press briefing. About 28% of the submitted tests are positive, compared with less than 8% in the rest of the country, she said.

“Clearly the virus had been circulating there for a number of weeks to have this level of penetrance into the general community,” Birx said.

FDA Lifts Curbs on Maker of Drug Touted by Trump (9:22 a.m. HK)

U.S. regulators have lifted import restrictions on an Indian pharmaceutical company in an effort to increase supplies of a malaria drug touted by President Donald Trump as a potential coronavirus treatment.

Mumbai-based Ipca Laboratories Ltd. said in a March 21 securities filing that the U.S. Food and Drug Administration “has made exception to the import alert” for three of its facilities, allowing it to supply tablets as well as raw materials for making chloroquine phosphate and hydroxychloroquine sulphate.

The U.S. is facing possible shortages of both drugs, which are also widely prescribed to treat rheumatoid arthritis and lupus. Hospitals have been stocking up on the treatments in recent weeks following reports from doctors outside the U.S. that they were effective against Covid-19, the disease caused by the novel coronavirus. There have been no large-scale clinical trials to support those claims.

Washington State Shuts Down (8:52 a.m. HK)

Washington State Governor Jay Inslee issued a stay-at-home order that begins in 48 hours and will be in force for at least two weeks. The order bans all gatherings and shutters non-essential businesses. Grocery and pharmacy shopping, doctor appointments and restaurant takeout will still be allowed.

The actions come on a day in which Seattle and King County announced 12 fatalities, the largest single-day death toll yet in that area, and Boeing shut down in-state production after a worker at its Everett plant died of Covid-19 yesterday. There are 2,221 confirmed cases of Covid-19 in Washington State, according to the Department of Health, and 110 deaths.

The step follows similar actions by New York and California, but also by states that have fewer infections than Washington such as Oregon and West Virginia.

China’s Imported Cases Almost Double (8:20 a.m. HK)

China reported 78 additional coronavirus cases for March 23, with 74 of them from abroad, according to statement from the country’s National Health Commission. The other four, including one from Wuhan, are locally reported cases.

While the number of local cases in China has been dwindling, reaching zero in recent days, the number of imported infections has been rising. The latest figure is almost double the number of imported cases reported a day earlier.

China now has 81,171 total confirmed coronavirus cases. The nation’s death toll rose by seven to 3,277. All the latest fatalities are from Hubei. Discharged patients rose by 456 to 73,159.