The US commerce secretary told executives in a closed-door meeting that the department is reviewing state-subsidized robotics imports as the US races China, Politico reports

Newsquawk StaffPublished 23 Jun 2026, 19:31 UTCOn the live feed at 19:11 UTC — 3 more headlines followed before this page went public

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19:19

TREASURY WRAP: T-NOTE FUTURES (U6) SETTLE 4+ TICKS HIGHER AT 109-12

19:15

Farm-state Senate Republicans and White House officials are discussing the possibility of attaching billions of dollars in aid for farmers hit by President Donald Trump's tariffs to an Iran war funding package, Politico reports, citing sources

19:11

The US commerce secretary told executives in a closed-door meeting that the department is reviewing state-subsidized robotics imports as the US races China, Politico reports

19:09

US President Trump praises Eli Lilly (LLY)

19:01

A US official told Sky News Arabia that the Lebanese-Israeli negotiations began with a joint session, followed by a military session, and then a final political round

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Officials increasingly see China’s state-backed robotics industry as a national security threat, fearing subsidized Chinese robots could dominate global markets before U.S. manufacturers have the scale to compete.
The roundtable brought together more than a dozen executives from companies including SpaceX, Boston Dynamics, JPMorgan Chase, Goldman Sachs, Siemens and Rockwell Automation to discuss how to reverse decades of manufacturing offshoring and rebuild the industrial base needed to build everything from semiconductors to robots.

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