Drones are already big business. They’re used in industries from agriculture to architecture. Last year the industry totaled about $2.2 billion in sales worldwide. By 2025 total revenue will increase to $51 billion.
The White House announced after the markets closed Thursday that Trump had instructed the Office of the United States Trade Representative to consider whether $100 billion of additional tariffs would be appropriate.
President Donald Trump orders USTR to consider imposing tariffs on an additional $100 billion in Chinese imports, raising concern the world’s two largest economies were hurtling toward a full-blown trade war.