Unusual Machines (NYSEMKT: UMAC) stock surged by 26% after President Trump announced new tariffs on imported drones and drone parts. These tariffs aim to boost U.S. drone production and national security by reducing reliance on Chinese manufacturers. This move is expected to significantly benefit Unusual Machines, an American supplier of drone components, as companies seek non-Chinese alternatives.
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We wrap up our coverage of the markets and the week.
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Last week, the BSE benchmark Sensex declined 276.32 points, or 0.35 per cent, and the NSE Nifty dipped 76.35 points, or 0.31 per cent
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