Trump strikes deal with 3M to import 55 million N95 masks a month - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

'The 3M saga ends very happily': Trump strikes deal with 3M to import 55 million N95 masks per month

to address domestic shortages of N95 respirator masks by importing 55 million of them a month for the next three months.The industrials giant behind Post-its and Scotch tape currently produces 35 million masks per month in the US. The new deal will supplement that output with masks produced overseas — primarily in China — in an effort to equip more US healthcare workers with the industry standard as they deal with surging numbers of novel coronavirus patients.

The agreement also allows 3M to continue exporting N95 masks to Canada and Latin America. The company warned last week of "significant humanitarian implications" in those areas if it was forced to halt supplies in order to meet US demand. Trump signed a Defense Production Act order last week to force 3M to prioritize the nation's mask needs. 3M cautioned that if the US halted exports of protective equipment, other countries could retaliate by doing the same.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Import from where?

How much $ is he making ? I don’t trust him . He does things only if it benefits him. He does not think of anyone else 😳realDonaldTrump

Good realDonlcdTrump

Business Business Latest News, Business Business Headlines