Exclusive: Trump administration moves closer to easing gun exports
Mike Stone, David Shepardson,REUTERS
6 MIN READ
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.
this year, the sources said late on Wednesday.
The move by President Donald Trump’s administration may generate business for gun makers such as American Outdoor Brands (AOBC.O) and Sturm Ruger & Company (RGR.N) while increasing the sale of deadly weapons abroad. A relaxing of rules could increase foreign gun sales by as much as 20%, the National Shooting Sports Foundation (NSSF) has estimated.