Trump gov't announces new tariffs on drones, including 15% levy on S. Korea, Japan, others

WASHINGTON - U.S. President Donald Trump signed a proclamation Thursday to impose new tariffs on drones and their components, including a 15 percent levy on imports from South Korea, Japan and other economies, the White House said, portraying the move as an effort to bolster national security.Under the proclamation, a 100 percent tariff will be imposed on certain drones, including larger ones and those with thermal imaging capabilities, which are sensitive for national security purposes, while a 25 percent tariff will apply to certain smaller drones that raise security concerns.Imports fro…READ FULL ARTICLE