UPDATE 1-U.S. to ease firearm export rules next month -sources [Reuters]
AMERICAN OUTDOOR BRANDS CORP (AOBC)
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Source: Reuters
U.S. to ease firearm export rules next month: sources - Reuters 3 Min Read WASHINGTON (Reuters) - U.S. firearms makers will be able to more easily export guns, including assault rifles and ammunition, as early as mid-December under rules set to be finalized by the Trump administration, people briefed on the matter said on Tuesday. The proposed changes could be enacted on or after Dec. 14, and would move oversight of commercial firearm exports to the Commerce Department from the State Department, the sources told Reuters. Staff on several legislative committees were briefed on the rule changes on Tuesday ahead of a formal notification for lawmakers for Thursday, the people said, starting a 30-day clock before the rules can take effect. While the State Department is primarily concerned with international threats to stability and maintains tight restrictions on weapons deals, the Commerce Department typically focuses on making it easier for U.S. companies to sell products overseas. In a
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