Photo: Win McNamee/Getty Images.

President Trump said at a press conference Monday that an agreement has been reached with 3M to produce 166.5 million masks to be distributed over the "next couple of months."

Why it matters: Trump said last week that he was "not happy" with 3M's exporting of masks overseas, blaming the manufacturing company for exacerbating a shortage in the United States. 3M CEO Mike Roman has maintained that the company is doing everything it can to produce medical gear and support American cases.

  • The president last week invoked the Defense Production Act to ban “unscrupulous actors and profiteers” from exporting vital medical gear.
  • Trump shifted his tone on Monday, stating: "So the 3M saga ends very happily. We are very proud to be dealing with 3M."
  • The president also noted that he spoke to Roman prior to the press conference and that the CEO was "very happy to get it done."

Go deeper

Ben Geman, author of Generate
2 hours ago - Energy & Environment

U.S. cities' lagging climate progress

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Reproduced from a Brookings Institution report; Chart: Axios Visuals

A just-published Brookings Institution analysis of U.S. cities' pledges to cut carbon emissions reveals very mixed results.

Why it matters: The potential — and limits — of city and state initiatives have gotten more attention amid President Trump's scuttling of Obama-era national policies.

New state unemployment filings fall to 787,000

Photo: Joe Raedle/Getty Images

First-time applications for unemployment fell last week, according to Department of Labor data released on Thursday.

Between the lines: The overall number of Americans relying on unemployment also fell to a still-staggering 23 million. But there are continued signs of labor market strain, with more people shifting to an unemployment program designed for the long-term jobless.

Updated 3 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Politics: Chris Christie: Wear a mask "or you may regret it — as I did" — Senate Democrats block vote on McConnell's targeted relief bill.
  2. Business: New state unemployment filings fall.
  3. Economy: Why the stimulus delay isn't a crisis (yet).
  4. Health: Many U.S. deaths were avoidable — The pandemic is getting worse again.
  5. Education: Boston and Chicago send students back home for online learning.
  6. World: Spain and France exceed 1 million cases.