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Trade Data Suggest Lack Of Prep For COVID-19: Dem Report
Trade data suggest that U.S. exports of medical supplies surged when the administration should have been preparing for a domestic coronavirus outbreak, according to a new report by Rep. Katie Porter (D-CA).
“In February 2020, the value of U.S. mask exports to China was 1094.0% higher than the 2019 monthly average,” Porter’s report said. “In February 2020, the value of U.S ventilator exports to China was 292.2% higher than the 2019 monthly average.”
The report, which was released Monday, pointed to specific Trump administration policies — rather than just a general increase in foreign demand due to the spread of COVID-19 abroad — as being a potential reason for the spike in export value. The New York Times reported in early March that the Commerce Department was touting a temporary change in regulations that facilitated exports of medical supplies to China by American vendors.
“Whether export numbers reflect increased per-unit costs for Chinese buyers, or an increase in units sold, the bottom line is the same: a payday for a few companies, and huge costs for the rest of us,” Porter’s report said.
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The report is available to read so everyone can draw their own conclusions.
Trade Data Suggest Lack Of Prep For COVID-19: Dem Report
Trade data suggest that U.S. exports of medical supplies surged when the...
talkingpointsmemo.com
Trade data suggest that U.S. exports of medical supplies surged when the administration should have been preparing for a domestic coronavirus outbreak, according to a new report by Rep. Katie Porter (D-CA).
“In February 2020, the value of U.S. mask exports to China was 1094.0% higher than the 2019 monthly average,” Porter’s report said. “In February 2020, the value of U.S ventilator exports to China was 292.2% higher than the 2019 monthly average.”
The report, which was released Monday, pointed to specific Trump administration policies — rather than just a general increase in foreign demand due to the spread of COVID-19 abroad — as being a potential reason for the spike in export value. The New York Times reported in early March that the Commerce Department was touting a temporary change in regulations that facilitated exports of medical supplies to China by American vendors.
“Whether export numbers reflect increased per-unit costs for Chinese buyers, or an increase in units sold, the bottom line is the same: a payday for a few companies, and huge costs for the rest of us,” Porter’s report said.
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The report is available to read so everyone can draw their own conclusions.

