US Halts Civilian Firearms Exports for 90 Days: Commerce Department

1 min read
Source: Fox Business
US Halts Civilian Firearms Exports for 90 Days: Commerce Department
Photo: Fox Business
TL;DR Summary

The US Department of Commerce has announced a temporary freeze on most civilian firearm exports for the next 90 days, citing national security concerns. The ban aims to assess the risk of firearms being diverted to entities or activities that promote regional instability, violate human rights, or fuel criminal activities. However, around 40 countries, including Israel and Ukraine, are exempt from the ban due to separate export agreements. This move could potentially impact firearms companies such as Sturm Ruger & Co., Vista Outdoor, and Smith & Wesson Brands.

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