US robotics makers have urged the White House to develop a national robotics strategy to counter China, but major policy action is on hold pending a Trump-Xi summit, Semafor reports

This headline highlights rising tensions between the US and China concerning robotics, driven by strategic industry interests.

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Newsquawk Daily US Opening News - 24th March 2026

US robotics makers have urged the White House to develop a national robotics strategy to counter China, but major policy action is on hold pending a Trump-Xi summit, Semafor reports

Qatar's Foreign Ministry spokesperson says there is no direct Qatari efforts to mediate between US and Iran

The ECB will begin a new round of checks on banks it supervises as concern grows over loan quality in private credit, according to sources cited by Bloomberg

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  • Action has been postponed by the Iran war
  • Industry proposals include federal support, tariffs or a ban on Chinese robots.
Context

The push for a national strategy signifies a potential shift in US trade policies, with implications for sectors reliant on robotics and manufacturing, and possibly impacting US equities and commodities markets depending on the outcome of forthcoming diplomatic engagements.

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