Drone stocks rallied on Friday after President Donald Trump announced import tariffs to boost U.S. manufacturing and protect national security. Unusual Machines popped 10% and Red Cat rallied about 5%. Large drones with sensitive military capabilities like thermal imaging face a 100% tariff, while smaller drones without those capabilities are subject to a 25% levy. Tariffs of 15% apply to drones and parts from the EU, Japan, South Korea, Switzerland, Liechtenstein, and Taiwan, with a 10% rate for the U.K. The Trump administration launched a $1 billion drone dominance program and is requesting a record $1.5 trillion defense budget for 2027, including $75 billion for drones.
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