President Trump is set to announce rule changes for the exportation of firearms for American manufacturers of guns, which is set to bolster and increase the business of homegrown companies overseas.
The changes will be published on Thursday, which will also shift the oversight of US commercial firearm exports from the Department of State to the Department of Commerce, in a highly anticipated move that was planned in early April to promote increased sales abroad for American companies.
As of the end of 2016, US Firearms sales accounted for nearly $51.3 billion in economic growth, making the industry a driving force for the American economy and a puts it in the position to employ 301,123 Americans with wages of over $15.2 billion dollars.
The 2018 Economic Impact of Firearms and Ammunition Industry can be seen below:
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With this newest of measures in place from President Trump, the American firearms industry will prosper even higher than the already soaring numbers.
The importance of bearing arms is an issue that matters to all citizens of every nation, with countries who have had those freedoms removed from them entirely having historically watched their society crumble and an oppressive government come into the picture to further restrict their individual rights.
Acting Secretary for the Directorate of Defense Trade Controls, which is the State Department’s body which oversees the bulk of commercial firearms transfers and other foreign military sales, allowed for a public comment timeline, in which was provided during the Forum on the Arms Trade's annual conference at the Stimson Center.
Firearms sales domestically have decreased under the time period that Barack Obama was in office, where many Americans were stockpiling weapons with the fear that the Democratic Party’s leadership would attempt to enact a form of gun control.
Under President Trump, Americans have been assured that the Second Amendment is not up for debate, although the concern for sales to criminals or the unstable is still being discussed on an almost daily basis amongst lawmakers.
This move will be largely beneficial for American-built firearms, much as has all of President Trump's policies eventually became enormous wins for home-grown companies.
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