'Big price to pay!': Trump blasts 3M after ordering the N95 mask maker to boost US production
'Big price to pay!': Trump blasts 3M after ordering the N95 mask maker to boost US productionPresident Donald Trump blasted 3M in a tweet on Thursday night, suggesting the maker of N95 respiratory masks was dropping the ball as novel coronavirus rages across the US.."Big surprise to many in government as to what they were doing — will have a big price to pay!"
While 3M has doubled production to 100 million masks a month since January, demand continues to outstrip its capacity.President Donald Trump slammed 3M on Thursday night, suggesting the maker of N95 respiratory masks — the gold standard for healthcare providers facing a deluge of novel coronavirus patients — was dropping the ball.
"Big surprise to many in government as to what they were doing — will have a big price to pay!" he added.stock slid about 3% in pre-market trading, wiping more than $2 billion from its market capitalization. The decline outpaced a 1.3% drop in Dow Jones Industrial Average futures.
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