Mexico Sues U.S. Gun Makers for $10 Billion 08-05-2021, 02:47 AM
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Mexico is suing U.S. gunmakers, in relation to their violence problem. Despite making stricter firearm laws, they've been unable to enforce them due to cartels and illegal imports.
Read More: https://www.reuters.com/world/americas/m...021-08-04/
Quote:Mexico sued several gun makers in a U.S. federal court on Wednesday, accusing them of reckless business practices that supply what it called a "torrent" of illegal arms to violent Mexican drug cartels, leading to thousands of deaths.
The lawsuit alleges that units of Smith & Wesson (SWBI.O), Barrett Firearms, Colt's Manufacturing Company, Glock Inc, Sturm, Ruger & Co and others knew their business practices had encouraged illegal arms trafficking into Mexico.
The lawsuit cites weapons that had entered Mexico used in notorious shootings, noting that Colt's .38-caliber "Emiliano Zapata 1911" pistol is engraved with the image of the Mexican revolutionary, and is a status symbol coveted by drug cartels.
"What's the objective? That the companies in question compensate Mexico's government for the damage caused by their negligent practices," Foreign Minister Marcelo Ebrard said at a news conference about the lawsuit filed in the U.S. District Court for the District of Massachusetts.
The lawsuit is one of the boldest steps ever taken by Mexico to pressure the U.S. arms industry, which Mexican leaders have for years blamed for fueling gang violence.
Companies needed to put an immediate stop to their harmful practices, Ebrard said, noting that the court would decide what damages should be paid. He spoke after Mexican officials told reporters the lawsuit sought an estimated $10 billion.
The companies did not immediately respond to requests for comment.
The National Shooting Sports Foundation Inc (NSSF) said it rejected Mexico's claims that U.S. manufacturers were negligent in their business practices.
"The Mexican government is responsible for the rampant crime and corruption within their own borders," Lawrence G. Keane, NSSF's senior vice president, said in a statement. He said cartels use guns taken illegally to Mexico or stolen from Mexican military and law enforcement.
Read More: https://www.reuters.com/world/americas/m...021-08-04/