AIRLINK 217.98 Decreased By ▼ -4.91 (-2.2%)
BOP 10.93 Increased By ▲ 0.11 (1.02%)
CNERGY 7.55 Decreased By ▼ -0.01 (-0.13%)
FCCL 34.83 Decreased By ▼ -2.24 (-6.04%)
FFL 19.32 Increased By ▲ 0.08 (0.42%)
FLYNG 25.15 Decreased By ▼ -1.89 (-6.99%)
HUBC 131.09 Decreased By ▼ -1.55 (-1.17%)
HUMNL 14.56 Decreased By ▼ -0.17 (-1.15%)
KEL 5.18 Decreased By ▼ -0.22 (-4.07%)
KOSM 7.36 Decreased By ▼ -0.12 (-1.6%)
MLCF 45.63 Decreased By ▼ -2.55 (-5.29%)
OGDC 222.08 Decreased By ▼ -1.18 (-0.53%)
PACE 8.16 Decreased By ▼ -0.02 (-0.24%)
PAEL 44.19 Increased By ▲ 0.69 (1.59%)
PIAHCLA 17.69 Decreased By ▼ -0.37 (-2.05%)
PIBTL 8.97 Decreased By ▼ -0.10 (-1.1%)
POWERPS 12.51 Decreased By ▼ -0.50 (-3.84%)
PPL 193.01 Decreased By ▼ -5.23 (-2.64%)
PRL 43.17 Increased By ▲ 0.93 (2.2%)
PTC 26.63 Decreased By ▼ -0.76 (-2.77%)
SEARL 107.08 Decreased By ▼ -3.00 (-2.73%)
SILK 1.04 Decreased By ▼ -0.02 (-1.89%)
SSGC 45.00 Decreased By ▼ -2.30 (-4.86%)
SYM 21.19 Increased By ▲ 0.42 (2.02%)
TELE 10.15 Decreased By ▼ -0.37 (-3.52%)
TPLP 14.51 Decreased By ▼ -0.44 (-2.94%)
TRG 67.28 Decreased By ▼ -1.57 (-2.28%)
WAVESAPP 11.29 Decreased By ▼ -0.63 (-5.29%)
WTL 1.70 Decreased By ▼ -0.09 (-5.03%)
YOUW 4.25 Decreased By ▼ -0.10 (-2.3%)
BR100 12,397 Increased By 33.3 (0.27%)
BR30 37,347 Decreased By -871.2 (-2.28%)
KSE100 117,587 Increased By 467.3 (0.4%)
KSE30 37,065 Increased By 128 (0.35%)
Print Print 2020-03-29

Trump invokes defense powers to order GM to produce ventilators

President Donald Trump issued a federal order Friday to force auto giant General Motors to manufacture ventilators, as supplies of the crucial hospital equipment grow short and coronavirus infections mount across the country.
Published 29 Mar, 2020 12:00am

President Donald Trump issued a federal order Friday to force auto giant General Motors to manufacture ventilators, as supplies of the crucial hospital equipment grow short and coronavirus infections mount across the country.
Trump invoked the rarely-used Defense Production Act (DPA) to order GM to speed up its commitment to make ventilators in one of its auto plants after delays in negotiations.
The act, designed for use in wartime to commandeer private business to manufacture for defense needs, will allow the White House to require that GM "accept, perform, and prioritize federal contracts for ventilators," Trump said in a statement.
Negotiations had been "productive," he said, "but our fight against the virus is too urgent to allow the give-and-take of the contracting process to continue to run its normal course."
"GM was wasting time. Today's action will help ensure the quick production of ventilators that will save American lives." At a later White House press conference he added that the decision "should demonstrate clearly that we will not hesitate to use the full authority of the federal government to combat this crisis."
He also announced that Peter Navarro, a top White House advisor formerly at the forefront of Washington's trade dispute with China, will now coordinate further initiatives under the DPA.
Earlier in the day Trump demanded in a tweet that both GM and rival Ford move quickly on fabricating ventilators, essential to help seriously ill coronavirus patients breathe.
GM quickly answered back that it had a deal with medical equipment maker Ventec Life Systems to build the critical care equipment in its Kokomo, Indiana, auto plant, and would likely be able to begin shipping next month.
But the White House was apparently dissatisfied with the company's response and moved to invoke the DPA about four hours later. GM said in a statement after Trump's announcement that they were already taking action.
"Ventec, GM and our supply base have been working around the clock for over a week to meet this urgent need," the company said. "Our commitment to build Ventec's high-quality critical care ventilator, VOCSN, has never wavered."

Copyright Agence France-Presse, 2020

Comments

Comments are closed.