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Why Has Smith & Wesson Been Going Up?? Trump administration moves closer to easing gun exports

Posted by Mr.Copper @ 13:00 on November 11, 2019  

I mentioned AOBC last week or so, because it keeps popping up high on my watch list. Now I see some news. Naturally, the prior decades of anti export, stifle US producers, is in reverse. Its always been “more for them, less for us” until the meltdown in the summer of 2008.

Bottom line. If “we” sell less” “they sell more”. So they made us sell less, and them more, for decades.

complete story:

https://www.reuters.com/article/us-usa-trump-guns-exclusive/exclusive-trump-administration-rule-changes-to-ease-gun-exports-progress-idUSKBN1XH2IY

parts:

WASHINGTON (Reuters) – The Trump administration has passed a key milestone in a long-delayed rule change that would make it easier to sell U.S. firearms outside the United States, including assault rifles and ammunition, people briefed on the matter told Reuters.

While the State Department is primarily concerned with international threats to stability and maintains tight restrictions on weapons deals, the Commerce Department typically focuses on making it easier for U.S. companies to sell products overseas.

“The move would reduce the regulatory burden and make industry members more competitive in the global marketplace with out reducing oversight,” to reexamine longstanding polices and regulations to ensure that U.S. industries have every advantage in the global marketplace,”

Domestic gun sales have risen in the past three months, according to estimates released on Tuesday by research consultancy Small Arms Analytics & Forecasting.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.