House Republicans propose to boost tariffs on Chinese-made drones
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 15 2024
0mins
Should l Buy ?
Source: reuters
House Republicans Propose Legislation on Chinese Drones:
- House Republicans propose a bill to increase U.S. tariffs on Chinese-made drones by 30% and ban imports with critical Chinese components by 2030.
- The legislation aims to boost U.S. drone manufacturers' competitiveness and establish a grant program for purchasing American-made drones.
- The proposal suggests an initial 30% tariff hike on Chinese drones, followed by a 5% annual increase, sponsored by Representative Elise Stefanik and House China Committee select chair John Moolennar.
Bipartisan Concerns Over Chinese Drone Imports:
- Bipartisan U.S. lawmakers urge higher tariffs on Chinese drones and incentives for domestic drone production.
- Lawmakers express concerns over the dominance of Chinese drone companies in the U.S. market, including DJI and Autel.
- Calls for immediate action against Chinese drone makers due to insufficient tariffs and market control.
Responses from Chinese Drone Companies:
- DJI opposes restrictions based on country of origin and emphasizes compliance with data privacy laws in the U.S. and globally.
- Lawmakers previously sought investigations and potential sanctions on Autel Robotics, pushing for bans on Chinese drone purchases by the U.S. government.
Legislative Restrictions on Chinese Drones:
- Congress banned the Pentagon from procuring or using Chinese drones and components in 2019.
- New aviation legislation set for approval restricts the Transportation Department from buying or funding Chinese drones but allows exemptions in specific cases.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy ?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.





