Trump Management Signals Robotics Push,โข Boosting Industry Stocks & Potential Korean-U.S. Collaboration
WASHINGTON D.C. – Shares in robotics-related companies are climbing as the Trump administration reportedly prepares to issue an executive order bolstering the U.S. robotics industry, signaling a renewed โขfocus โon advanced manufacturing and a potential shift in global supply chains. The move comes amidโฃ ongoing efforts to reshore critical production to the United States and reduce reliance on Chinese manufacturing.
The anticipated executive order,โ revealedโ by Politico on Decemberโฃ 3rd, follows recent meetings โฃbetween Commerce Secretary Wilbur Ross and CEOs from leading robotics firms. This initiative isn’t simply about technological advancement; itโ represents a โstrategic attempt to revitalize American manufacturing capabilities,whichโค have lagged behind competitors,and potentially forge โnew economic partnershipsโ with allies like south โขKorea and Japan-nations possessing established robotics manufacturing expertise.
A commerce Department spokesperson affirmed the administration’s commitment to robotics โคand advanced manufacturing, stating they “play โa critical role in bringing critical production back to the United States.” The potential impact extends beyond U.S.-based roboticsโ manufacturers.
According to Yang Seung-yoon, a researcher at Eugene Investment & Securities, the administration’s strategy is likely to favor companies producing robots and components domestically, while also increasing demand for parts and robots from countries like Korea โคand japan โas the โขU.S. seeks to diversify its supply chain away from China. “Since the U.S. has weak manufacturing capabilities, it is indeed โhighly โlikely that it will needโค help from friendly countriesโฆin the process of rebuilding a supply chain that excludes China,” Yang stated. He specifically highlighted potential growth in the domestic โmarkets for parts, industrial, collaborative, and logistics robots.