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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.
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However, the temporary suspension of export licenses does not apply to Israel, Ukraine, and about 40 other countries that participate with the U.S. in a multilateral export-control agreement.
Experts in the field were quick to point out the unusual nature of the Commerce Department’s move. Johanna Reeves, a lawyer specializing in export controls and firearms, told Reuters that she had never seen such sweeping action before.
“For sure they have individual country policies — but nothing like this,” she said.
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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.
.
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However, the temporary suspension of export licenses does not apply to Israel, Ukraine, and about 40 other countries that participate with the U.S. in a multilateral export-control agreement.
>Experts in the field were quick to point out the unusual nature of the Commerce Department’s move. Johanna Reeves, a lawyer specializing in export controls and firearms, told Reuters that she had never seen such sweeping action before.
>“For sure they have individual country policies — but nothing like this,” she said.
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[Source Article](https://www.thegatewaypundit.com/2023/10/united-states-freezes-export-civilian-firearms-ammo-90/)
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