As the old adage goes, “Desperate times call for desperate measures.” Families, businesses, and the federal government have had to take drastic action to combat the effects of the coronavirus pandemic. This is a crisis unlike any we’ve seen for quite some time. It will take a lot of banding together and a little bit of outside-the-box thinking to get through this with minimal damage to our nation and our economy. Because of this, many government agencies are cutting unnecessary regulatory red tape that is hindering the fight against the virus.
Sen. Chuck Grassley, a Republican from Iowa, has even suggested extending tariff relief for companies struggling financially during this time. However, Peter Navarro, the White House Director of Trade and Manufacturing Policy, seems to be taking the opposite approach. Navarro has brought a draft executive order to President Trump that would put pressure on companies to relocate their supply chains to the United States.
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