Trump Management Signals Robotics Push, 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 focus on advanced manufacturing and a potential shift in global supply chains. The move comes amid ongoing efforts to reshore critical production to the United States and reduce reliance on Chinese manufacturing.
The anticipated executive order, revealed by Politico on December 3rd, follows recent meetings between Commerce Secretary Wilbur Ross and CEOs from leading robotics firms. This initiative isn’t simply about technological advancement; it represents a strategic attempt to revitalize American manufacturing capabilities,which have lagged behind competitors,and potentially forge new economic partnerships with allies like south Korea and Japan-nations possessing established robotics manufacturing expertise.
A commerce Department spokesperson affirmed the administration’s commitment to robotics and advanced manufacturing, stating they “play a critical role in bringing critical production back to the United States.” The potential impact extends beyond U.S.-based robotics 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 and japan as the U.S. seeks to diversify its supply chain away from China. “Since the U.S. has weak manufacturing capabilities, it is indeed highly likely that it will need help from friendly countries…in the process of rebuilding a supply chain that excludes China,” Yang stated. He specifically highlighted potential growth in the domestic markets for parts, industrial, collaborative, and logistics robots.
