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Here’s what the president can and cannot do using the powers of the Defense Production Act of 1950 amended in 2014). This isn’t secret law or martial law. He can require companies to prioritize (accept contracts in service of) national defense. hsdl.org/?view&did=7600…
He can use loans, loan guarantees, and other incentives to persuade companies that already manufacture necessary stuff to do it much faster.
Here is how (as of 2019) the act defines national defense, which, in 1950 basicallly meant nuclear war. He CAN use the act for “emergency preparedness,” which directly links activities covered by the Stafford Act.
Sorting this out will be hard. I hope @WHNSC is on it. Now.
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