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Under the new sanctions, Americans who own a Kalashnikov Concern product, like an AK-47, that was “bought and fully paid for prior to the date of designation (i.e., no payment remains due to Kalashnikov Concern), then that product is not blocked and OFAC sanctions would not prohibit the U.S. person from keeping or selling the product in the secondary market, so long as Kalashnikov Concern has no interest in the transaction.
However, individuals and companies can no longer order products directly from Kalashnikov Concern or from other sellers in which the Russian firm has an “interest.” Further, Americans who own a Kalashnikov Concern product that has not been fully paid for are advised to contact the U.S. Office of Foreign Assets Control for more information.
the article states "The criminalization of an entire line of foreign manufactured firearms is possible under “national emergency powers” and there is no appeal process."
Most Americans are barely scraping by as is and since he cant ban the guns he will just make them so expensive people cant afford them anymore.
originally posted by: HauntWok
a reply to: grey580
Shh, your gonna let out the secret that Obama owns stock in gun manufacturing companies!
originally posted by: Sremmos80
a reply to: neo96
It's good ge isn't taking any guns then right?
Just making you buy American which you are all for.
originally posted by: buster2010
Why is a person complaining about infringed American rights because they can't buy a foreign made weapon? Buy American!!!