COVID19 outbreak out of control stems from Economic Crises
Start writing a post

COVID19 outbreak out of control stems from Economic Crises

The current crisis requires global cooperation and the free flow of goods and services

COVID19 outbreak out of control stems from Economic Crises

With the global outbreak of COVID-19, President Trump signed the $ 2 trillion Relief and Economic Security (CARES) bill on Friday, which requires the National Academy of Sciences, the Academy of Engineering and Medical Sciences, research reports to medical Supply chain security. Policymakers can use the report to decide whether and how the United States diversifies its medical supply chain, including its dependence on Chinese manufacturers.

White House trade consultant Peter Navarro set his sights on the massive disruption of the medical supply chain. Navarro pushed for a draft, which was obtained by the Daily Beast. These include curbing imports of foreign goods and increasing research and development in the production of US drugs, raw materials, and vaccines. These policies were based on the false promises of economic nationalism, which was exposed as superficial.

The current crisis requires global cooperation and the free flow of goods and services to fight the epidemic. It will be irresponsible to use this crisis to drive a major shift in medical supply policy. Trade experts accuse President Donald Trump of politicizing the flu pandemic and continuing a trade war against China. In the face of a CNN reporter's television interview, in order to conceal the disadvantages of the government 's response, Peter Navarro dumped the epidemic situation and material problems to the former President Obama, who has been in office for more than four years. The CNN anchor thought that he wasting time could not solve the problem.

Representatives from the (FDA) and other trade officials objected to Navarro, saying that administrative orders restricting the circulation of medicines and other supplies needed to treat coronavirus would not help fight the epidemic. Navarro found himself playing an indispensable role in tackling the large-scale global epidemic, which illustrates the extent to which economic issues have guided the president's response to the crisis. However, there is little uniform decision within the government on how to do it. In addition to his role as a trade policy adviser, Navarro has shaped himself as a firm and pragmatic Trump loyal supporter in the government, even secretly looking for "anonymous". For many years, he has been accustomed to being The personal and ideological siege within Lampe's government is due in part to the president's special personal feelings towards him. As everyone knows, President Trump calls Navarro "my Peter."

Other senior Trump deputies, such as Treasury Secretary Steve Mnuchin and White House Economic Adviser Larry Kudlow, have also expressed internal opposition to the Navarro plan. White House and Treasury official Tony Fratto during the presidency of President George W. Bush regarded the proposed policy as "wrong" and posted on Twitter that "the pandemic is global." We need to strengthen cooperation.

In response to growing demand for medical supplies, governors across the country have stated publicly that they need thousands of additional masks, protective clothing and gloves, and reducing foreign supplies could make the situation worse. Michael Moore, a professor of economics and international affairs at George Washington University, said: "There is no reason to do so now." "When we are in a health crisis, there is no long-term economic benefit to not allowing medical supplies to enter.

According to the Peterson Institute for International Economics, about half of the personal protective equipment imported in the United States is imported from China, while certain items account for a much higher percentage: 70% of mouth and nose protection equipment and 57% Goggles and goggles. In addition, 45% of US protective clothing imported from China and 39% of gloves come from China. Peter Petri, a professor of international finance at Brandeis International Business School, said: "We now need personal protective equipment in China, ventilator, and many more." The United States does not manufacture all these equipment. Required supply chain and manufacturing capabilities.

A new report by the Global Trade Alert, Simon Evenett, states that as of March 21, 54 countries have imposed export restrictions on medical supplies. For example, the European Union has announced export controls on certain medical devices.

History has proven this to be a mistake: The United States imposed tariffs on Smoot-Hawley at the beginning of the Great Depression, which has revived and exacerbated global nationalism as the world trading system collapsed.

Experts say there are hundreds of thousands of ventilators in the United States, which are far from enough to treat the rapidly growing number of patients with COVID-19. New York, Michigan, Louisiana and Washington are all working to treat patients. As of April 3rd, more than 240,000 coronavirus cases and more than 6000 deaths have been confirmed in the United States.

Report this Content
This article has not been reviewed by Odyssey HQ and solely reflects the ideas and opinions of the creator.
Health and Wellness

Exposing Kids To Nature Is The Best Way To Get Their Creative Juices Flowing

Constantly introducing young children to the magical works of nature will further increase the willingness to engage in playful activities as well as broaden their interactions with their peers


Whenever you are feeling low and anxious, just simply GO OUTSIDE and embrace nature! According to a new research study published in Frontiers in Psychology, being connected to nature and physically touching animals and flowers enable children to be happier and altruistic in nature. Not only does nature exert a bountiful force on adults, but it also serves as a therapeutic antidote to children, especially during their developmental years.

Keep Reading... Show less
Health and Wellness

5 Simple Ways To Give Yourself Grace, Especially When Life Gets Hard

Grace begins with a simple awareness of who we are and who we are becoming.

Photo by Brooke Cagle on Unsplash

If there's one thing I'm absolutely terrible at, it's giving myself grace. I'm easily my own worst critic in almost everything that I do. I'm a raging perfectionist, and I have unrealistic expectations for myself at times. I can remember simple errors I made years ago, and I still hold on to them. The biggest thing I'm trying to work on is giving myself grace. I've realized that when I don't give myself grace, I miss out on being human. Even more so, I've realized that in order to give grace to others, I need to learn how to give grace to myself, too. So often, we let perfection dominate our lives without even realizing it. I've decided to change that in my own life, and I hope you'll consider doing that, too. Grace begins with a simple awareness of who we are and who we're becoming. As you read through these five affirmations and ways to give yourself grace, I hope you'll take them in. Read them. Write them down. Think about them. Most of all, I hope you'll use them to encourage yourself and realize that you are never alone and you always have the power to change your story.

Keep Reading... Show less

Breaking Down The Beginning, Middle, And End of Netflix's Newest 'To All The Boys' Movie

Noah Centineo and Lana Condor are back with the third and final installment of the "To All The Boys I've Loved Before" series


Were all teenagers and twenty-somethings bingeing the latest "To All The Boys: Always and Forever" last night with all of their friends on their basement TV? Nope? Just me? Oh, how I doubt that.

I have been excited for this movie ever since I saw the NYC skyline in the trailer that was released earlier this year. I'm a sucker for any movie or TV show that takes place in the Big Apple.

Keep Reading... Show less

4 Ways To Own Your Story, Because Every Bit Of It Is Worth Celebrating

I hope that you don't let your current chapter stop you from pursuing the rest of your story.

Photo by Manny Moreno on Unsplash

Every single one of us has a story.

I don't say that to be cliché. I don't say that to give you a false sense of encouragement. I say that to be honest. I say that to be real.

Keep Reading... Show less
Politics and Activism

How Young Feminists Can Understand And Subvert The Internalized Male Gaze

Women's self-commodification, applied through oppression and permission, is an elusive yet sexist characteristic of a laissez-faire society, where women solely exist to be consumed. (P.S. justice for Megan Fox)

Paramount Pictures

Within various theories of social science and visual media, academics present the male gaze as a nebulous idea during their headache-inducing meta-discussions. However, the internalized male gaze is a reality, which is present to most people who identify as women. As we mature, we experience realizations of the perpetual male gaze.

Keep Reading... Show less

It's Important To Remind Yourself To Be Open-Minded And Embrace All Life Has To Offer

Why should you be open-minded when it is so easy to be close-minded?


Open-mindedness. It is something we all need a reminder of some days. Whether it's in regards to politics, religion, everyday life, or rarities in life, it is crucial to be open-minded. I want to encourage everyone to look at something with an unbiased and unfazed point of view. I oftentimes struggle with this myself.

Keep Reading... Show less

14 Last Minute Valentine's Day Gifts Your S.O. Will Love

If they love you, they're not going to care if you didn't get them some expensive diamond necklace or Rolex watch; they just want you.


Let me preface this by saying I am not a bad girlfriend.

I am simply a forgetful one.

Keep Reading... Show less
Student Life

10 Helpful Tips For College Students Taking Online Courses This Semester

Here are several ways to easily pass an online course.

Photo by Vlada Karpovich on Pexels

With spring semester starting, many college students are looking to take courses for the semester. With the pandemic still ongoing, many students are likely looking for the option to take online courses.

Online courses at one time may have seemed like a last minute option for many students, but with the pandemic, they have become more necessary. Online courses can be very different from taking an on-campus course. You may be wondering what the best way to successfully complete an online course is. So, here are 10 helpful tips for any student who is planning on taking online courses this semester!

Keep Reading... Show less
Facebook Comments