Topglove: New president Biden will bring changes to US CBP
Please welcome the new President of Unites States of America!!
Joe Biden laid out exactly how his administration would address the coronavirus crisis.
Biden’s plan would effectively nationalize mask wearing, Covid-19 testing, PPE procurement, reopening guidelines and vaccine distribution.
Personal protective equipment: Biden intends to use “the full power of the Defense Production Act” to drive the domestic manufacturing of masks, gloves, gowns and other equipment, including ample N95 masks for health-care workers. Biden also said he would appoint “a fully empowered supply commander in charge of filling in the gaps.”
On 15th July 2020, US Customs and Border Protection (CBP) placed Topglove subsidiaries under detention orders(DO) for gloves distribution in United States. In view of new President Biden’s call to ensure all PPEs including glove to be procured, the detention order for Topglove subsidiaries namely Top Glove Sdn Bhd and TG Medical Sdn Bhd will be revoked accordingly in the coming weeks.
Unlike outgoing President Donald Trump will has made many trade restrictions over the last 2 years in areas such as technology, building materials,etc on certain countries, President Biden is looking to overturn these restrictions. Thus, Topglove will be one of the many beneficiaries including Huawei, TSMC, FGV, Tencent, TikTok, etc
