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Market Chatter: Lutnick Warns of Robotic Arms Race, Vows Action on Chinese Imports

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Citing national security fears over Chinese dominance, U.S. Commerce Secretary Howard Lutnick said his department is probing state-subsidized robotics imports, with strong action likely post-review., Politico reported Tuesday.

Sources said Lutnick warned executives that "robotic arms are coming" and the U.S. wants to avoid an attack from state subsidized robotics, according to the report. He also stressed the need for American-made production.

The Commerce Department did not immediately respond to' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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