tariff

Drone Tariffs Expanded; Allies Hit 10–15%

The current president Trump signed a proclamation imposing tariffs on drones and their components, including a 100% ad valorem tariff on certain national-security drones and a 25% rate on smaller drones, with a 15% duty on imports from the EU, Japan, Liechtenstein, South Korea, Switzerland, and Taiwan; UK imports face a 10% tariff. The move aims to counter foreign supply chains and bolster national security by using tariffs on drone-related goods.