On Friday, the U.S. Commerce Department announced a temporary halt to the issuance of export licenses for most civilian firearms and ammunition for 90 days, citing vague “national security and foreign policy interests” as the rationale behind the decision, Reuters reported.
“The review will be conducted with urgency and will enable the Department to more effectively assess and mitigate risk of firearms being diverted to entities or activities that promote regional instability, violate human rights, or fuel criminal activities,” the agency said.
The ban includes a sweeping range of semiautomatic and non-automatic firearms like shotguns and optical sights.
This export halt will have a direct economic impact on leading U.S. firearms manufacturers such as Sturm Ruger & Co., Smith & Wesson Brands, and Vista Outdoor. It does affect some of the largest markets for American gun manufacturers, including Brazil, Thailand, and Guatemala, according to Bloomberg.
Surely ATF is Exempt…
……..so they can continue to sell more guns to The Cartels.
Meh. Maybe, just maybe Ruger and Henry will reduce their outlandish prices. I will not hold my breath.
WTH is a “non-automatic firearm” that is an optical sight?
This coming from the same moron that left 90 billion worth of weapons in Afghanistan