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Wajeeh Khan

Trump Sends Drone Stocks Soaring on Tariff News. This Is the Top-Performing Company Now.

Unusual Machines Drone UMAC Barchart United States

President Donald Trump’s proclamation imposing “aggressive” tariffs on foreign unmanned aircraft systems has sent defense and drone stocks soaring.

The order raises the duty on heavy military-grade drones by 100% and levies a 25% duty on smaller commercial models as well to counter foreign market dominance.

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