Dec. 6 at 3:10 AM
$SWBI
Trump Reversal (September 2025): BIS rescinded these rules effective September 30, 2025, restoring pre-2024 controls. This includes 4-year license terms, streamlined applications, and no denial presumption for the 36 countries. The change is expected to unlock "hundreds of millions of dollars per year" in export opportunities for U.S. manufacturers like SWBI, allowing better competition against foreign rivals (e.g., from China, Turkey). Industry leaders, including NSSF, hailed it as ending "onerous" burdens that harmed U.S. competitiveness without proven security benefits.