Friday, 20 August 2021 16:28

ICYMI - Biden Bans Russian Imports

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In case you missed it - the Biden Administration has banned the import of Russian ammunition and firearms! 
This is big because in this ammunition shortage, a large majority of ammunition that has been available lately has been from imports and will remain in effect for at least 12 months. 

I do not know how the import permitting works, I but suspect this stops anything not already approved and in process which will drive the prices of what little supply there currently is.

Read the announcement here: 
https://www.state.gov/fact-sheet-united-states-imposes-additional-costs-on-russia-for-the-poisoning-of-aleksey-navalny/

 

New sanctions imposed today under the CBW Act include:

  1. Restrictions on the permanent imports of certain Russian firearms. New and pending permit applications for the permanent importation of firearms and ammunition manufactured or located in Russia will be subject to a policy of denial.
Last modified on Friday, 20 August 2021 16:34