US Stock Market Move | The drone concept stocks rose in early trading, with Unusual Machines (UMAC.US) up over 15%.

On Friday, drone concept stocks rose initially, with Unusual Machines (UMAC.US) up over 15%, Red Cat Holdings (RCAT.US) up over 8%, Draganfly (DPRO.US) up over 6%, and Ondas (ONDS.US) up over 3%. In terms of news, on August 13 local time, the White House issued a statement saying that U.S. President Trump signed a proclamation that imposes a tariff of 10% to 100% on imported drones and parts, citing national security threats. The announcement specifies a 100% tariff on certain drones with highly sensitive specific sizes or functions, as well as docking stations for such drones and certain critical components. This category includes drones with a maximum takeoff weight of over 25 kilograms and those equipped with thermal imaging capabilities. Additionally, a 25% tariff will be imposed on certain smaller drones and other drone components that do not have specific functions.