White House · Donald Trump · CNBC Technology
Drone stocks rally after Trump orders tariffs on foreign-made components
Compiled by KHAO Editorial — aggregated from 3 sources. See llms.txt for citation guidance.
✓ KHAO Verified
Drone stocks rallied on Friday after President Donald Trump announced import tariffs in an effort to boost U.S. manufacturing and protect national security.
Key facts
- Unusual Machines popped 24.2%, while Red Cat rallied 8.8%
- The directive subjects large drones with "sensitive" military capabilities like thermal imaging to a 100% tariff and smaller drones lacking capabilities to a 25% levy
- Unusual Machines, which makes drones and drone components, added the president's son, Donald Trump Jr., to its advisory board in November 2024
- Drone stocks rallied on Friday after President Donald Trump announced import tariffs in an effort to boost U.S. manufacturing and protect national security
Summary
Unusual Machines popped 24.2%, while Red Cat rallied 8.8%. "U.S. drone production needs to be expanded rapidly to ensure U.S. national and economic security," the White House wrote in a release, adding that outsourcing parts poses major security and cybersecurity concerns. The White House said the tariffs will create new jobs, while protecting U.S. national security and the defense industrial base. The directive subjects large drones with "sensitive" military capabilities like thermal imaging to a 100% tariff and smaller drones lacking capabilities to a 25% levy.