BUSINESS● ELEVATEDAug 20 · Aug 20, 2026, 2:00 PM
China urges US to drop sweeping drone tariffs, warns of global supply chain fallout
South China Morning Post
Beijing has urged Washington to scrap planned tariffs of up to 100 per cent on imported drones, warning the measures unfairly target Chinese products and threaten global supply chains. The tariffs are not set to take effect until September 3, but Chinese drone shipments to the United States are already under pressure, with exports of some models plunging in July, the latest customs data showed. On Thursday, He Yadong, a spokesman for the Ministry of Commerce, said Beijing firmly opposed...
GlobeAlert aggregates and classifies open sources; the story above belongs to its publisher. Summaries are machine-generated from the source text.
More in Business
BUSINESSnowMunicipal Securities Underwriters Pay a Total of $325,000 in FinesSECBUSINESSnowSEC CHAIRMAN ARTHUR LEVITT, IOWA OFFICIALS TO HOLD INVESTORS’ TOWN MEETING IN DES MOINESSECBUSINESS25m agoA new road opens in Cancún, better connecting the airport with the hotel zoneMexico News DailyBUSINESS32m agoCheck Point signals 2027 subscription revenue to cross $1.5B as it guides Q4 revenue to $720M-$770MSeeking Alpha Tech