Navarro to convey government order to Trump on overseas dependency on medicine



White Home commerce advisor Peter Navarro informed CNBC on Monday that he is making ready an government order that might assist relocate medical provide chains from abroad to the U.S.

Navarro's proposal comes as Berlin mentioned it is attempting to cease Washington from persuading a German firm looking for a coronavirus vaccine to maneuver its analysis to the U.S.

German authorities sources informed Reuters on Sunday the Trump administration was trying into the way it may achieve entry to a possible vaccine being developed by a German agency, CureVac.

Navarro, in a "Squawk Field" interview, disregarded a query concerning the administration's reported overtures towards CureVac and as an alternative spoke concerning the basic must manufacture extra medical gear and provides within the U.S.

"What I can communicate to is that this broader, fascinating challenge of how dependent the US of America is on the worldwide provide chain, not only for its medicines however for its medical provides and medical gear," Navarro mentioned.

"The essence of the...



Supply cnbc.com



Source marketwatch.com