Last Friday, President Trump invoked the Defense Production Act (DPA) to order General Motors to produce ventilators for the coming demand shock from COVID 19, the illness caused by the coronavirus. The move follows calls by several politicians and talking heads for the president to use the DPA to increase supplies of ventilators, protective masks, test swabs, and other medical supplies.
Peter Navarro, who helps run the Trump administration’s protectionist trade policies, is now also overseeing “its wartime powers forcing private businesses into the fight against the coronavirus pandemic,” according to the Wall Street Journal. Reports the WSJ:
“Over the last several days, we ran into roadblocks with GM,” Mr. Navarro added. “We cannot afford to lose a single day,Read More »