US set to have glut of ventilators in July

This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. All times below are in Eastern time. This blog will be updated throughout the day as the news breaks. 

Frustrated by local authorities holding up the reopening of Tesla’s factory in Fremont, California, Elon Musk said this weekend that his company will “move its HQ and future programs to Texas/Nevada immediately.” The disagreement over safety, commerce and public health between Tesla and California is playing out across the U.S. as states continue to relax stay-at-home orders and reopen businesses.

As the country reopens, Trump administration officials are under quarantine with multiple White House staffers testing positive for Covid-19 in recent days. This comes as the AP reports top White House officials buried CDC advice and guidance for reopening the country.

  • Global cases: More than 4 million
  • Global deaths: At least 279,609
  • U.S. cases: More than 1.3 million
  • U.S. deaths: At least 78,794

The data above was compiled by Johns Hopkins University.

10:14 am: Kudlow says White House in talks with Congress about more coronavirus relief

The White House and members of Congress are in talks, albeit “informal,” about the next steps for coronavirus relief, economic advisor Larry Kudlow said, according to Reuters.

“It’s not that we’re not talking. We are. It’s just informal at this stage,” Kudlow said on ABC’s “This Week” program, Reuters reported.

Kudlow said he was on a bipartisan call Friday with members of the House and expects to speak with members of the Senate Monday, according to the Reuters report. —Chris Eudaily

9:55 am: China responds to ‘lies’ from US politicians

Chinese President Xi Jinping, waves to residents who are quarantined at home and sends regards to them at a community in Wuhan, central China’s Hubei Province, March 10, 2020.

Pang Xinglei | Xinhua via Getty

The Chinese foreign ministry rejected “preposterous allegations” by U.S. politicians that China withheld information about Covid-19, including the origins of the virus, Reuters reported.

In a 30-page, 11,000-word article posted on the ministry website, China refuted U.S. accusations that the virus was created or leaked from the Wuhan Institute of Virology, according to Reuters. The ministry said evidence shows Covid-19 is not man-made and that the institute could not synthesize a new coronavirus.

Challenging accusations that the country was slow to sound the alarm to the international community, the ministry said China provided information in a “timely,” “open and transparent” manner, Reuters reported.

The ministry article also responded to criticism of China’s handling of the 34-year-old doctor who tried to raise the alarm over the outbreak in Wuhan, Li Wenliang, who later died from the virus.

The ministry said Li was not a “whistleblower” and he was never arrested, refuting Western reports, Reuters reported. —Chris Eudaily

9:12 am: US set to reach Trump’s 100,000 ventilator goal in July, while demand for the breathing devices has decreased

Donald Trump looks at an assembly line during a tour of Honeywell’s facility manufacturing protective face masks for the coronavirus disease (COVID-19) outbreak in Phoenix, Arizona, May 5, 2020.

Tom Brenner | Reuters

The U.S. spent nearly $3 billion to manufacture ventilators after President Donald Trump proclaimed in late March that his administration would have 100,000 of the breathing devices within 100 days, according to the Associated Press.

The AP analyzed federal contracting data that showed the Department of Health and Human Services will exceed the president’s target by July 13, which is a week later than the 100-day goal set by Trump.

HHS looks to be getting nearly 200,000 new breathing devices by the end of 2020, according to the AP, which would more than double the number of estimated ventilators that were in U.S. hospitals before the pandemic.

But the ventilator push may be too much, too late.

The demand for the devices has dropped over the last month as the U.S. death toll from the virus nears 80,000, according to the AP. Doctors changed the way they used ventilators on patients after observing unusually high death rates for coronavirus victims put on breathing machines. —Chris Eudaily

CORRECTION: This entry has been updated to correct the U.S. death toll, which is nearing 80,000.

8:37 am: Boris Johnson readies five-tier warning system for easing UK lockdown

Two families maintain social distancing while talking to each other outside a home in Hampstead, north London, as the UK continues in lockdown to help curb the spread of the coronavirus.

Victoria Jones | PA Images | Getty Images

The United Kingdom is changing its flagship “stay at home” slogan to “stay alert,” Reuters reports.

British Prime Minister Boris Johnson is set to announce a five-tier warning system in England as part of the government’s roadmap for easing lockdown measures, according to Reuters.

Johnson is scheduled to announce the updates in a televised address, which will include a push for people who cannot work from home to get back to work, and easing the limit on allowing people to exercise only once a day, according to a government official and British media, via Reuters.

“We need to have a broader message because we want to slowly and cautiously restart the economy and the country,” Housing Minister Robert Jenrick said in an interview, according to Reuters. —Chris Eudaily

Read CNBC’s coverage from CNBC’s Asia-Pacific and Europe teams overnight here: Russia cases top 200,000

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