Trump slaps up to 100% tariffs on drones

The Trump administration announced tariffs of up to 100% on foreign-made drones and components, aiming to reduce US reliance on Chinese suppliers and bolster domestic manufacturing.

The measures affect a wide range of unmanned aircraft systems and parts, with China as the primary target.

The announcement led to a rally in shares of US drone makers, reflecting investor optimism about reshored production.

Critics warn the tariffs could raise costs for consumers and businesses that rely on drones for various applications.