With Trump in the White House, America’s gun manufacturers are in trouble after a golden era under Barack Obama
For 200 years, Remington has been one of the most famous names in guns, supplying arms to soldiers in the civil war, both world wars and to generations of gun enthusiasts. Now it has met its match: the gun-friendly presidency of Donald Trump.
After a golden era of sales under Barack Obama, America’s gun manufacturers are in trouble. Sales have tumbled, leaving the companies with too much stock on their hands and falling revenues. The crunch claimed its biggest victim this week when Remington filed for bankruptcy.
Continue reading...from US news | The Guardian http://ift.tt/2BtmHHt
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