The impulse to buy guns seems to have slumped under President Trump, who has sworn to preserve the right to bear arms

Mr Trump’s commitment to protect the right to bear arms appears to have spelled the end for a major firearms’ maker in America.

Remington Arms, with 3,500 employees, is a company that traces its history to 1816.  It is also one of America’s largest makers of ammunition and firearms.

During the Obama presidency, fears that a Democrat president would curb access to guns led to panic-buying and this boosted profits.
Also, expectations that Hillary Clinton — who opponents actually claimed would confiscate guns — would reach the White House gave the industry another fillip.



However, President Trump’s laissez faire approach to firearms controls definitely saw to it that Remington’s sales fell sharply as gun retailers find themselves burdened with unsold stock.  Last year the company posted an operating loss of $28 million.