The White House announced tariffs on foreign-made drone components and finished drones, with rates of 100% on advanced military-capable models, 25% on smaller units, and lower rates of 10-15% for specified allies. U.S. drone-related stocks rose following the announcement, including a 10% gain for Unusual Machines and about 5% for Red Cat. Unusual Machines added Donald Trump Jr. to its advisory board in November 2024, and he held 331,580 shares as of November 27, 2024.