Subscribe to UnHerd’s Outbreak newsletter for a daily roundup of stories on the coronavirus and its impact on global business
“So the 3M saga ends very happily,” Trump said at a White House news conference on Monday.
Trump has said he invoked the Defense Production Act to ban the export of supplies needed to fight the coronavirus pandemic—triggering a fight with 3M and allies including Canada. He’s used the act and his public pulpit to excoriate companies he sees as not fully cooperating with the government’s efforts to fight the virus.
3M didn’t immediately respond to a voicemail seeking comment.
The company initially pushed back against a request from the administration to halt exports of protective face masks, saying the move would cut off critical supplies for neighboring countries and raise “significant” humanitarian concerns.
More coronavirus coverage from UnHerd:
—New York City prepares to use parks as temporary burial sites
—Millions won’t be able to pay their bills this month. What financial experts advise
—What small businesses applying to the SBA’s Paycheck Protection Program need to know
—What’s going to happen to your frequent-flier status and miles
—Why the U.S. is changing its mind on coronavirus face masks
—JP Morgan’s Jamie Dimon lays out a future worse than 2008 in his annual letter
—Coronavirus upends learning and cancels spring tests for millions of U.S. students
—PODCAST: Two health care CEOs on why coronavirus tests and vaccines are the ammunition needed to fight COVID-19
—VIDEO: 401(k) withdrawal penalties waived for anyone hurt by COVID-19
Subscribe to Outbreak, a daily newsletter roundup of stories on the coronavirus pandemic and its impact on global business. It’s free to get it in your inbox.