Thanks in part to regulatory reform efforts by the Trump administration, U.S. arms exports rose 13% during fiscal 2018 to reach $192.3 billion, “adding thousands of jobs to the U.S. economy and sustaining many thousands more,” according to the U.S. State Department. Instrumental to this increase is the administration’s new Conventional Arms Transfer (CAT) policy, released in April 2018, “which aligned U.S. policy on conventional arms transfers with our national and ...

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