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Report on President Trump’s Possibility of Easing US Gun Sales Overseas Triggers Gun Stocks to Surge

Gun stocks such as American Outdoors Brands and Ruger both closed with more than 10% increases in response to a Reuters report on the Trump administration allegedly preparing to adjust regulations for U.S. gun sales overseas. This report speculates the possibility of Trump making it easier for gun manufacturers in the U.S. to sell and export small arms to foreign countries, resulting in positive gains for several gun company stocks. Sturm Ruger’s stock closed with a 13.7 percent gain, having its highest mark since early August this year, and American Outdoor Brands closed with a 10.1 percent gain, their best day since last year in November. Although gun sales have decreased nationally in response to the current administration’s favor of gun rights and leniency on gun control, opportunities for expanding business for gun company sales into foreign markets has provoked positive results for gun stocks. LAX Firing Range, a Los Angeles shooting range, goes into further detail about the Trump administration’s action.

Changes

A plan of altering the regulation of international non-military sales of firearms from the security-based State Department to the trade-based Commerce Department is currently underway, according to four officials. Aides to President Trump are currently working on the plan and a draft of new rules could be given to the White House budget office for approval in a matter of days. These new alterations can be put into place without the need of congressional approval and become accessible to the public this fall. They also noted that a periodic time of public discourse would lead to a possible announcement and fulfillment by as early as next year. 

Gun Sales

As noted earlier, gun sales have dropped following Trump’s election victory from assurances of lighter regulations on gun ownership and usage. For instance, Vista and American Outdoor Brands’ sales have fallen more than 40 percent since Election Day, and Sturm Ruger 23 percent down. The former administration of President Obama and his consistent influence on gun control provoked record high gun sales, as the public feared for losing their gun rights from tighter regulations. The good news is that this impending piece of rules for selling small arms to other countries will help increase U.S. gun sales and cut their losses.

About LAX Range

LAX Firing Range is a superb Los Angeles shooting range featuring 14 automated, well-ventilated shooting lanes up to 25 yards in length, a variety of handgun rentals in multiple calibers, and high-powered rifles and shotguns. Shooters can fire all calibers and types of ammo, with LAX’s large stock of quality, low-priced ammo. They sell all major types of ammunition in addition to their own brand of new and reloaded ammo, making shooting more economical without sacrificing quality. Classes for first-time shooters, advanced training, and tactical or defensive training can also be had at LAX Firing Range, so you’re sure to find exactly what you need.

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California Gun Owners Bypass Registration for AR-15s

Firearm owners in California endure strict legislation limiting their constitutional right to bear arms. Following the state government redefining what an assault rifle is, and what features are illegal based on those new definitions, AR-15 owners face a dilemma of either going featureless to legally keep their carbine rifles, or succumb to registration. Multiple featureless ideas and combinations have been created by gun companies and owners to remain compliant, as assault rifle registration forms require very detailed and specific information about these firearms. Although the fear of giving up personal information has gun owners scrambling to come up with an alternative, the variety of featureless builds and options available allow them to legally keep their rifles without any governmental interference. Your go-to LA and Long Beach shooting range, LAX Firing Range, goes into further detail.

Register or Retrofit

The registration of so-called ‘assault weapons’ is now much more intrusive and specific as to what information needs to be provided. In the past, the only thing gun owners had to disclose was a list of serial numbers of their firearms which were considered assault rifles. Today, much more information is asked including receipts to show where the firearm was originally purchased, numerous pictures of the firearm, and others. The information must all be submitted via website technology rather than mobile devices, further complicating the process. To circumvent all this, California gun owners retrofit their rifles as ‘featureless models,’ by removing the collapsible/telescopic stock, pistol grip, and flash suppressor.

Demand

Gunmakers and owners have concurred that if these laws weren’t passed in California, demand for firearms would have fallen like it already has across the rest of the country. Demand for guns skyrocketed during the Obama administration amidst fears of gun control being implemented after multiple mass shootings over the years. Though demand has declined after last fall’s election, legislators in gun-restrictive states have increased it in those states since gun owners are now compelled to make some cosmetic changes to their guns, and manufacturers are now creating featureless AR-15s to be sold.

Bullet Button

Outlawing the AR-15’s ‘bullet button’ is the main focus of California’s gun legislation, a feature designed to slow down the time it takes to reload as it requires a tool to be inserted into the button to eject magazines. Their focus was on making detachable magazines more arduous to reload. Gun control advocates argue that slowing down the reload time will make mass shootings less catastrophic, and keep people safer. However, gun manufacturers and designers have been coming up with designs specifically made to take advantage of ‘featureless’ builds and keep detachable magazines.

About LAX Firing Range

LAX Firing Range is an indoor shooting range near Long Beach and offers residents in and around Los Angeles’ Westside a place to shoot with state-of-the-art facilities, cheap ammo, and excellent customer service. Coupled with their exclusive brand of new and reloaded ammo, pistol and rifle owners can shoot without breaking the bank, making target practice and shooting more economical. Like LAX Firing Range on Facebook and follow them on Twitter and Instagram to learn more about them.