
China urged the U.S. to remove new tariffs on drones and related parts.
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China urged the U.S. to remove new tariffs on drones and related parts.

Red Cat just announced a maritime autonomy partnership and watched its stock drop anyway, raising a pointed question about whether Friday's drone tariff rally created a gap between investor enthusiasm and the company's actual order book.

Drone makers and suppliers, including two companies with ties to the Trump family, rallied Friday after the White House said it’s applying a tariff on imports of unmanned aircraft systems and their components.
Investing.com -- President Donald Trump signed a proclamation Thursday imposing aggressive tariffs on imports of unmanned aircraft systems and their critical components under Section 232 of the Trade Expansion Act. The action establishes a layered duty regime designed to curb reliance on foreign supply chains, address pressing national security concerns, and accelerate domestic production capacity across the industrial base. Under the new order, heavy industrial and military-grade drones, specif
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