Trump gov't announces new tariffs on drones, including 15% levy on 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 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…
The White House announced on Thursday that President Donald Trump has signed a proclamation to impose new tariffs on drones and their components. The move is aimed at bolstering national security, according to the White House. The tariffs will affect various imports, with a 15 percent levy on drones and their components originating from countries such as Korea, Japan, the European Union, Liechtenstein, Switzerland, and Taiwan.
A 100 percent tariff will be imposed on certain larger drones and those with thermal imaging capabilities, which are deemed sensitive for national security reasons. Smaller drones that raise security concerns will face a 25 percent tariff. These new tariffs are set to take effect on September 3, 2021, at 12:01 a.m., except for those on less-sensitive drone components that will start on February 9, 2022, at 12:01 a.m., as per the proclamation.
The tariffs are implemented under Section 232 of the Trade Expansion Act of 1962, a law that allows the president to adjust import duties on certain goods.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — it may contain errors, so check the original before relying on it.
