Companies will soon be blocked from exporting critical medical supplies needed by the US for the coronavirus response, unless the Federal Emergency Management Agency gives approval for overseas shipments, according to a federal draft regulation
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The combined effort between FEMA and US Customs and Border Protection, which oversees trade and travel, comes as the United States seeks to shore up equipment for hospitals treating coronavirus patients. Late last week, White House trade adviser Peter Navarro previewed the actions, saying,"There is a black market which you have described, where we're having people bid against each other, brokers come in, they're bidding and bidding on all this different .
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