Trump says 3M 'will have a big price to pay' over face masks

Maddox

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Apr 3, 2020

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President Donald Trump slammed 3M Co (MMM.N) in a tweet late on Thursday after earlier announcing he was invoking the Defense Production Act to get the company to produce face masks.

“We hit 3M hard today after seeing what they were doing with their Masks. ‘P Act’ all the way.’ Big surprise to many in government as to what they were doing - will have a big price to pay!” Trump said on Twitter.

At a White House briefing on the coronavirus pandemic earlier on Thursday, Trump announced he had signed a Defense Production Act order for 3M to produce face masks. “Hopefully they’ll be able to do what they are supposed to do,” he said, without elaborating.

White House trade adviser Peter Navarro said at the briefing, “We’ve had some issues making sure that all of the production that 3M does around the world, enough of it is coming back here to the right places.”

Trump says 3M 'will have a big price to pay' over face masks

President Donald Trump slammed 3M Co <MMM.N> in a tweet late on Thursday after earlier announcing he was invoking the Defense Production Act to get the company to produce face masks.

www.reuters.com