IBOV 173,325.65 ▼ 0.03% IPSA 10,954.04 ▲ 0.52% IPC MEX 66,709.60 ▲ 0.88% MERVAL 3,281,979 — 0.00% COLCAP 2,301.34 ▲ 0.13% BVL PERÚ 56,620.35 — — USD/BRL5.06▼ 0.17% USD/MXN17.39▼ 0.11% USD/CLP936.20▲ 0.05% USD/COP3,209▼ 1.44% USD/PEN3.40▲ 0.08% USD/ARS1,479▲ 0.08% USD/UYU40.11▲ 1.23% USD/PYG6,045▲ 1.76% USD/BOB10.80▲ 2.69% USD/DOP58.00▼ 0.34% USD/CRC446.12▲ 1.06% USD/GTQ7.62▲ 2.33% USD/HNL26.74▲ 1.61% USD/NIO36.62▲ 0.72% USD/VES735.39▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.79▲ 0.55% USD/TTD6.73▲ 1.11% EUR/BRL5.78▼ 0.66% BRENT 93.57 ▲ 2.81% WTI 86.43 ▲ 1.79% IRON ORE 161.91 — — COPPER 6.51 ▼ 0.07% GOLD 4,135 ▲ 1.58% SILVER 59.73 ▲ 1.51% SOY 1,232 ▲ 0.98% CORN 482.25 ▲ 6.52% WHEAT 698.00 ▲ 2.95% COFFEE 318.50 ▼ 4.05% SUGAR 14.75 ▼ 0.87% ORANGE JUICE 146.00 ▲ 1.53% COTTON 80.43 ▲ 1.86% COCOA 5,400 ▼ 3.69% BEEF 223.05 ▼ 1.53% CATTLE 344.88 ▼ 2.02% LITHIUM 69.35 ▲ 0.39% PETR4 42.08 ▲ 1.01% VALE3 73.52 ▲ 1.77% ITUB4 42.70 ▲ 0.40% BBDC4 18.64 ▲ 0.49% ABEV3 15.86 ▲ 0.38% BBAS3 20.97 ▲ 0.43% B3SA3 15.39 ▲ 1.45% WEGE3 45.76 ▲ 7.75% PRIO3 59.07 ▲ 1.53% SUZB3 42.12 ▲ 1.18% RENT3 36.60 ▲ 0.14% AZZA3 17.28 ▼ 1.14% CSAN3 3.84 ▲ 1.59% RAIZ4 0.28 ▲ 3.70% PCAR3 2.73 — 0.00% GMAT3 3.88 ▲ 1.31% PSSA3 54.00 ▲ 0.97% CVCB3 1.18 ▲ 5.36% POSI3 3.70 ▲ 0.54% SLCE3 13.81 ▲ 0.44% NATU3 8.72 ▲ 0.11% BRKM5 5.84 ▲ 2.28% RANI3 7.97 ▲ 1.01% CSNA3 5.18 ▲ 2.37% CMIN3 5.70 ▲ 2.15% USIM5 8.55 ▲ 1.06% GGBR4 23.67 ▲ 0.77% ENEV3 25.44 ▲ 0.08% CPFE3 46.00 ▼ 0.86% CMIG4 11.02 — 0.00% EQTL3 38.67 ▼ 0.41% LREN3 13.44 ▲ 1.28% VIVT3 35.37 ▼ 1.20% RAIL3 13.41 ▲ 1.28% KLABIN 17.77 ▲ 1.02% RAIA DROGASIL 18.08 ▼ 0.28% RDOR3 34.07 ▲ 0.44% HAPV3 11.37 ▲ 1.16% FLRY3 16.67 ▲ 0.73% SMTO3 15.76 ▲ 1.16% UGPA3 32.08 ▲ 0.82% VBBR3 34.16 ▲ 0.62% BBSE3 41.58 ▲ 0.07% BPAC11 55.95 ▲ 1.05% CURY3 30.14 ▲ 0.63% AERI3 2.07 ▲ 1.47% VIVARA 21.41 — 0.00% COMPASS 24.50 ▲ 0.25% VAMOS 3.15 ▲ 1.94% SANB11 26.54 ▼ 2.46% ASAI3 8.42 ▲ 2.06% SBSP3 28.66 ▲ 0.21% WALMEX 49.15 ▼ 0.47% GMEXICO 209.54 ▲ 4.34% FEMSA 226.99 ▲ 0.01% CEMEX 22.07 ▲ 0.87% GFNORTE 185.80 ▲ 3.22% BIMBO 59.39 ▼ 0.18% TELEVISA 9.70 ▼ 0.10% AMX 22.76 ▲ 0.09% GAP 378.52 ▲ 0.09% ASUR 274.96 — 0.00% OMA 225.89 ▼ 0.24% KOF 181.05 ▲ 0.13% GRUMA 282.60 ▼ 1.74% KIMBER 38.40 ▲ 0.03% SQM-B 64,540 ▲ 1.80% COPEC 6,450 — 0.00% BSANTANDER 79.01 — 0.00% FALABELLA 5,919 ▲ 1.18% ENELAM 84.53 — 0.00% CENCOSUD 2,028 ▲ 1.14% CMPC 1,084 ▼ 0.38% BANCO CHILE 190.01 ▲ 0.03% LATAM AIR 24.20 ▼ 0.66% YPF 80,625 ▲ 1.80% GGAL 7,965 ▲ 1.53% PAMPA 5,475 ▲ 3.89% TXAR 679.00 ▲ 1.27% ALUAR 973.00 ▲ 1.41% TGS 9,710 ▲ 2.21% CEPU 2,340 ▲ 2.23% MIRGOR 16,775 ▼ 2.04% COME 42.87 ▼ 0.19% LOMA NEGRA 3,605 ▲ 0.91% BYMA 292.25 ▼ 0.51% TELECOM ARG 4,255 ▲ 2.65% ECOPETROL 16.53 ▲ 3.09% BANCOLOMBIA 83.64 — 0.00% GRUPO AVAL 5.09 ▲ 2.83% CREDICORP 391.10 ▲ 1.10% SOUTHERN COPPER 188.01 ▲ 7.39% BUENAVENTURA 31.25 ▲ 3.96% MERCADOLIBRE 1,823 ▼ 0.53% NUBANK 14.39 ▲ 2.86% XP 16.85 ▲ 0.30% PAGSEGURO 9.58 ▲ 3.12% STONE 11.26 ▲ 1.21% GLOBANT 32.10 ▼ 0.59% TECNOGLASS 45.15 ▼ 2.08% GAP AIRPORT 217.68 — 0.00% ASUR 274.96 — 0.00% OMA AIRPORT 104.23 ▲ 0.21% AMX ADR 26.09 ▼ 0.04% FEMSA ADR 130.35 — 0.00% CEMEX ADR 12.70 ▲ 1.68% PETROBRAS ADR 18.54 ▲ 1.92% VALE ADR 14.25 ▲ 1.06% ITAU ADR 8.40 ▲ 0.96% SANTANDER BR 5.40 ▲ 0.56% AMBEV ADR 3.11 ▲ 0.97% CSN 1.01 ▼ 0.50% GERDAU 4.64 ▼ 0.85% LATAM ADR 51.58 ▼ 0.31% BTC 65,724 ▼ 1.17% ETH 1,928 ▼ 0.02% SOL 77.62 ▼ 0.63% XRP 1.14 ▼ 0.47% BNB 571.14 ▼ 0.43% ADA 0.17 ▲ 0.09% DOGE 0.07 ▼ 1.22% AVAX 6.53 ▼ 0.48% LINK 8.61 ▼ 0.45% DOT 0.84 ▼ 1.16% LTC 46.72 ▼ 0.20% BCH 220.76 ▼ 1.31% TRX 0.33 ▲ 0.06% XLM 0.19 ▼ 1.97% HBAR 0.07 ▲ 2.02% NEAR 1.88 ▼ 2.85% ATOM 1.47 ▼ 1.15% AAVE 96.70 ▲ 1.18% SELIC 14.25% EMBRAER 83.17 ▲ 0.63% EMBRAER ADR 65.47 ▼ 0.70% JBS 11.95 ▼ 0.67% JBS BDR 60.63 ▲ 0.68% MBRF3 15.20 ▲ 0.60% MBRFY 2.95 — 0.00% INTER 5.58 ▼ 0.71% EGX 53,932 ▼ 0.11% USD/ZAR16.43▼ 0.26% USD/NGN 1,376 — 0.00% NIKKEI 66,116 ▼ 0.18% CSI300 4,717 ▼ 0.46% HSI 24,893 ▼ 0.95% NIFTY 23,996 ▼ 0.79% KOSPI 6,798 ▲ 0.74% JCI 6,334 ▼ 0.09% USD/JPY163.02▼ 0.09% USD/CNY6.76▼ 0.08% DAX 25,165 ▲ 0.61% CAC 8,454 ▲ 1.08% FTSE 10,744 ▲ 1.49% MIB 52,789 ▲ 0.96% IBEX 19,614 ▲ 1.21% STOXX 647.75 ▲ 0.71% EUR/USD1.14▲ 0.19% GBP/USD 1.3379 — 0.00% SPX 7,495 ▼ 0.19% DJI 52,197 ▼ 0.05% NDX 29,155 ▲ 1.93% RUT 2,987 ▲ 1.53% TSX 35,420 ▲ 0.14% VIX 17.37 ▲ 1.88% USD/CAD1.41▼ 0.20% US10Y 4.6420 ▲ 0.30% IBOV 173,325.65 ▼ 0.03% IPSA 10,954.04 ▲ 0.52% IPC MEX 66,709.60 ▲ 0.88% MERVAL 3,281,979 — 0.00% COLCAP 2,301.34 ▲ 0.13% BVL PERÚ 56,620.35 — — USD/BRL 5.06 ▼ 0.17% USD/MXN 17.39 ▼ 0.11% USD/CLP 936.20 ▲ 0.05% USD/COP 3,209 ▼ 1.44% USD/PEN 3.40 ▲ 0.08% USD/ARS 1,479 ▲ 0.08% USD/UYU 40.11 ▲ 1.23% USD/PYG 6,045 ▲ 1.76% USD/BOB 10.80 ▲ 2.69% USD/DOP 58.00 ▼ 0.34% USD/CRC 446.12 ▲ 1.06% USD/GTQ 7.62 ▲ 2.33% USD/HNL 26.74 ▲ 1.61% USD/NIO 36.62 ▲ 0.72% USD/VES 735.39 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.79 ▲ 0.55% USD/TTD 6.73 ▲ 1.02% EUR/BRL 5.78 ▼ 0.66% BRENT 93.57 ▲ 2.81% WTI 86.43 ▲ 1.79% IRON ORE 161.91 — — COPPER 6.51 ▼ 0.07% GOLD 4,135 ▲ 1.58% SILVER 59.73 ▲ 1.51% SOY 1,232 ▲ 0.98% CORN 482.25 ▲ 6.52% WHEAT 698.00 ▲ 2.95% COFFEE 318.50 ▼ 4.05% SUGAR 14.75 ▼ 0.87% ORANGE JUICE 146.00 ▲ 1.53% COTTON 80.43 ▲ 1.86% COCOA 5,400 ▼ 3.69% BEEF 223.05 ▼ 1.53% CATTLE 344.88 ▼ 2.02% LITHIUM 69.35 ▲ 0.39% PETR4 42.08 ▲ 1.01% VALE3 73.52 ▲ 1.77% ITUB4 42.70 ▲ 0.40% BBDC4 18.64 ▲ 0.49% ABEV3 15.86 ▲ 0.38% BBAS3 20.97 ▲ 0.43% B3SA3 15.39 ▲ 1.45% WEGE3 45.76 ▲ 7.75% PRIO3 59.07 ▲ 1.53% SUZB3 42.12 ▲ 1.18% RENT3 36.60 ▲ 0.14% AZZA3 17.28 ▼ 1.14% CSAN3 3.84 ▲ 1.59% RAIZ4 0.28 ▲ 3.70% PCAR3 2.73 — 0.00% GMAT3 3.88 ▲ 1.31% PSSA3 54.00 ▲ 0.97% CVCB3 1.18 ▲ 5.36% POSI3 3.70 ▲ 0.54% SLCE3 13.81 ▲ 0.44% NATU3 8.72 ▲ 0.11% BRKM5 5.84 ▲ 2.28% RANI3 7.97 ▲ 1.01% CSNA3 5.18 ▲ 2.37% CMIN3 5.70 ▲ 2.15% USIM5 8.55 ▲ 1.06% GGBR4 23.67 ▲ 0.77% ENEV3 25.44 ▲ 0.08% CPFE3 46.00 ▼ 0.86% CMIG4 11.02 — 0.00% EQTL3 38.67 ▼ 0.41% LREN3 13.44 ▲ 1.28% VIVT3 35.37 ▼ 1.20% RAIL3 13.41 ▲ 1.28% KLABIN 17.77 ▲ 1.02% RAIA DROGASIL 18.08 ▼ 0.28% RDOR3 34.07 ▲ 0.44% HAPV3 11.37 ▲ 1.16% FLRY3 16.67 ▲ 0.73% SMTO3 15.76 ▲ 1.16% UGPA3 32.08 ▲ 0.82% VBBR3 34.16 ▲ 0.62% BBSE3 41.58 ▲ 0.07% BPAC11 55.95 ▲ 1.05% CURY3 30.14 ▲ 0.63% AERI3 2.07 ▲ 1.47% VIVARA 21.41 — 0.00% COMPASS 24.50 ▲ 0.25% VAMOS 3.15 ▲ 1.94% SANB11 26.54 ▼ 2.46% ASAI3 8.42 ▲ 2.06% SBSP3 28.66 ▲ 0.21% WALMEX 49.15 ▼ 0.47% GMEXICO 209.54 ▲ 4.34% FEMSA 226.99 ▲ 0.01% CEMEX 22.07 ▲ 0.87% GFNORTE 185.80 ▲ 3.22% BIMBO 59.39 ▼ 0.18% TELEVISA 9.70 ▼ 0.10% AMX 22.76 ▲ 0.09% GAP 378.52 ▲ 0.09% ASUR 274.96 — 0.00% OMA 225.89 ▼ 0.24% KOF 181.05 ▲ 0.13% GRUMA 282.60 ▼ 1.74% KIMBER 38.40 ▲ 0.03% SQM-B 64,540 ▲ 1.80% COPEC 6,450 — 0.00% BSANTANDER 79.01 — 0.00% FALABELLA 5,919 ▲ 1.18% ENELAM 84.53 — 0.00% CENCOSUD 2,028 ▲ 1.14% CMPC 1,084 ▼ 0.38% BANCO CHILE 190.01 ▲ 0.03% LATAM AIR 24.20 ▼ 0.66% YPF 80,625 ▲ 1.80% GGAL 7,965 ▲ 1.53% PAMPA 5,475 ▲ 3.89% TXAR 679.00 ▲ 1.27% ALUAR 973.00 ▲ 1.41% TGS 9,710 ▲ 2.21% CEPU 2,340 ▲ 2.23% MIRGOR 16,775 ▼ 2.04% COME 42.87 ▼ 0.19% LOMA NEGRA 3,605 ▲ 0.91% BYMA 292.25 ▼ 0.51% TELECOM ARG 4,255 ▲ 2.65% ECOPETROL 16.53 ▲ 3.09% BANCOLOMBIA 83.64 — 0.00% GRUPO AVAL 5.09 ▲ 2.83% CREDICORP 391.10 ▲ 1.10% SOUTHERN COPPER 188.01 ▲ 7.39% BUENAVENTURA 31.25 ▲ 3.96% MERCADOLIBRE 1,823 ▼ 0.53% NUBANK 14.39 ▲ 2.86% XP 16.85 ▲ 0.30% PAGSEGURO 9.58 ▲ 3.12% STONE 11.26 ▲ 1.21% GLOBANT 32.10 ▼ 0.59% TECNOGLASS 45.15 ▼ 2.08% GAP AIRPORT 217.68 — 0.00% ASUR 274.96 — 0.00% OMA AIRPORT 104.23 ▲ 0.21% AMX ADR 26.09 ▼ 0.04% FEMSA ADR 130.35 — 0.00% CEMEX ADR 12.70 ▲ 1.68% PETROBRAS ADR 18.54 ▲ 1.92% VALE ADR 14.25 ▲ 1.06% ITAU ADR 8.40 ▲ 0.96% SANTANDER BR 5.40 ▲ 0.56% AMBEV ADR 3.11 ▲ 0.97% CSN 1.01 ▼ 0.50% GERDAU 4.64 ▼ 0.85% LATAM ADR 51.58 ▼ 0.31% BTC 65,724 ▼ 1.17% ETH 1,928 ▼ 0.02% SOL 77.62 ▼ 0.63% XRP 1.14 ▼ 0.47% BNB 571.14 ▼ 0.43% ADA 0.17 ▲ 0.09% DOGE 0.07 ▼ 1.22% AVAX 6.53 ▼ 0.48% LINK 8.61 ▼ 0.45% DOT 0.84 ▼ 1.16% LTC 46.72 ▼ 0.20% BCH 220.76 ▼ 1.31% TRX 0.33 ▲ 0.06% XLM 0.19 ▼ 1.97% HBAR 0.07 ▲ 2.02% NEAR 1.88 ▼ 2.85% ATOM 1.47 ▼ 1.15% AAVE 96.70 ▲ 1.18% SELIC 14.25% EMBRAER 83.17 ▲ 0.63% EMBRAER ADR 65.47 ▼ 0.70% JBS 11.95 ▼ 0.67% JBS BDR 60.63 ▲ 0.68% MBRF3 15.20 ▲ 0.60% MBRFY 2.95 — 0.00% INTER 5.58 ▼ 0.71% EGX 53,932 ▼ 0.11% USD/ZAR 16.44 ▼ 0.13% USD/NGN 1,376 — 0.00% NIKKEI 66,116 ▼ 0.18% CSI300 4,717 ▼ 0.46% HSI 24,893 ▼ 0.95% NIFTY 23,996 ▼ 0.79% KOSPI 6,798 ▲ 0.74% JCI 6,334 ▼ 0.09% USD/JPY 163.07 ▼ 0.04% USD/CNY 6.7610 ▲ 0.06% DAX 25,165 ▲ 0.61% CAC 8,454 ▲ 1.08% FTSE 10,744 ▲ 1.49% MIB 52,789 ▲ 0.96% IBEX 19,614 ▲ 1.21% STOXX 647.75 ▲ 0.71% EUR/USD 1.1418 ▲ 0.12% GBP/USD 1.3379 — 0.00% SPX 7,495 ▼ 0.19% DJI 52,197 ▼ 0.05% NDX 29,155 ▲ 1.93% RUT 2,987 ▲ 1.53% TSX 35,420 ▲ 0.14% VIX 17.37 ▲ 1.88% USD/CAD 1.4083 ▼ 0.16% US10Y 4.6420 ▲ 0.30%
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Wednesday, July 22, 2026

Brazil Business - Brazil

Trump Seeks to Halt US Company Exporting Masks to Latin America and Canada

By · April 4, 2020 · 3 min read

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RIO DE JANEIRO, BRAZIL – One day after President Donald Trump invoked the Defense Production Act, a legislation created in the 1950s to force industrial giant 3M to increase the pace of mask manufacturing used by medical professionals treating people infected with the coronavirus, the company alerted to the potential impacts of the measure on the rest of the world.

In a statement published on Friday morning, 3M, one of the world’s largest mask manufacturers, said it has been expanding its production capacity to meet government demand. This also includes importing millions of masks from the company’s units in China.

In a statement published on Friday morning, 3M, one of the world's largest mask manufacturers, said it has been expanding its production capacity to meet a government demand.
In a statement published on Friday morning, 3M, one of the world’s largest mask manufacturers, said it has been expanding its production capacity to meet government demand. (Photo internet reproduction)
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The company praises the use of the law, which has prioritized requests made by Fema, the government body in charge of acting in disaster situations.

However, 3M challenges a second part of Trump’s order, which is clear in demanding that the company suspend all masks exports, now mainly to Latin America and Canada.

“There are significant humanitarian implications arising from the suspension of mask supplies to health workers in Latin America and Canada, where we are critical suppliers of this equipment,” the note said.

The company also alerts to adverse effects on Americans as well.

“By suspending exports of masks produced in the US, other countries may retaliate and do the same, as they have already done. If this happens, the number of masks available to the US would decrease in practice. It’s the opposite of what we and the government, on behalf of the American people, want.”

During this Friday’s press conference, Trump made it clear that he will sign a new order preventing not only the export of masks, but also other items and medical supplies used to fight the coronavirus, something that could generate new reactions around the world.

‘A mistake’

In Canada, a country that does not manufacture the N95 masks, Prime Minister Justin Trudeau stressed the need to keep supply lines open and said it would be “a mistake to create blockages or reduce trade” between the two countries:

“There are medical products and other essential items moving across the border in both directions… there are items Americans rely on,” Trudeau noted.

On Thursday, hours after the announcement of resorting to the Cold War law against 3M, Trump himself went on Twitter to attack the company and say he was “not happy” with it.

“We hit 3M hard after seeing what they were doing with their masks. ‘P Act’ (Defense Production Act) ahead. A big surprise to many in the government with what they are doing – they will pay a high price for this!”

Earlier, the president’s trade advisor, Peter Navarro, had followed the same line.

“To be honest, the last few days we’ve been having trouble ensuring that of all the production that 3M delivers around the world, enough of it gets here, to the right places,” Navarro said during the daily press conference at the White House. “We’re going to solve this 3M issue probably tomorrow. We can’t waste days or hours or even minutes in this crisis”.

Cloth masks

While the controversy over masks for healthcare professionals does not seem to have an end in sight, the Center for Disease Control (CDC) has issued a recommendation for all US residents to wear cloth masks when leaving home. The proposal has been discussed in recent days as part of measures to try to control the spread of the virus in the country.

Speaking about the measure, President Donald Trump said it does not replace the federal government’s recommendations or the local rules of states and cities. But he stressed that the action is voluntary.

“You may wear them, you may not. I chose not to, but some people might want to, and it’s okay,” he said during the daily press conference at the White House.

Asked about the reasons behind the recommendation, Jerome Adams, the country’s public health administrator, said it was due to the fact that asymptomatic individuals can spread the disease, unaware they are infected.

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