- Accuracy in Media - https://www.aim.org -

Trump’s Election Initially Hurts the Gun Industry in Sales

Looks like gun industry sales are slumping [1] due to a gun-friendly president in Donald Trump, after eight years of a president whose rhetoric was anti-Second Amendment and pro-gun control:

In the Trump era, however, that fear is gone, and with it the market’s urgency to beat the clock on the next “commonsense” gun ban. That’s helped nudge iconic gunmakers Colt [2] and Remington [3] to lay off hundreds of workers and shut down entire divisions of their companies, forced manufacturers to close their doors [4], and prompted retailers and distributors to offer deep discounts on firearms, with one offering an AR-15 rifle at prices below even the cheapest handguns.