LANSING, Mich. (AP) — State police in Michigan will be required to destroy guns collected during community buybacks or other efforts, under legislation signed into law Wednesday by Gov. Gretchen Whitmer.
State police in 2024 acknowledged that a previous disposal method destroyed only the frame or receiver of the firearm. A private company was recycling and selling the other parts, The New York Times reported.
State police last March announced that they would destroy entire guns turned over by local police departments. Now that policy has been written into law.
"Our current practice of destroying all parts of the firearm will remain the standard now and for the future,” said Col. James Grady II, director of the state police.
State police handled more than 11,000 guns in 2023, spokesperson Shanon Banner said.
The Rev. Chris Yaw of St. David’s Episcopal Church in Southfield said gun destruction after buybacks is what “Michiganders want and expect.”
Yaw's church in suburban Detroit has collected hundreds of guns in exchange for gift cards to area stores. He said the line of cars was 2 miles (3.2 kilometers) long during an event in 2022.
Michigan Gov. Gretchen Whitmer speaks at the Detroit Auto Show, Wednesday, Jan. 15, 2025, in Detroit. (AP Photo/Jose Juarez)
TOKYO (AP) — Asian shares were trading mixed Tuesday amid global skepticism about U.S. investments and President Donald Trump’s trade war.
Trading was cautious in Asia, where the benchmark Nikkei 225 lost 0.2% in afternoon trading to 34,224.33. Australia's S&P/ASX 200 was virtually unchanged, inching down less than 0.1% to 7,816.70. South Korea's Kospi lost 0.2% to 2,483.60. Hong Kong's Hang Seng added nearly 0.6% to 21,513.91, while the Shanghai Composite added 0.4% to 3,303.32.
Trump's tariffs and the retaliatory measures from China hang as a shadow over the region.
"Across Asia, there is undoubtedly a sense of urgency to get to the negotiation table even as striking a deal at an appropriate cost can be tough," said Tan Boon Heng, at Mizuho Bank's Asia & Oceania Treasury Department.
“China’s warning to countries not to resolve U.S. tariffs by striking deals at the expense of Beijing’s interests reveals the geo-economic polarization.”
On Wall Street the previous day, the S&P 500 sank 2.4% in another wipeout. That yanked the index that’s at the center of many 401(k) accounts 16% below a record set two months ago.
The Dow Jones Industrial Average dropped 971 points, or 2.5%, while losses for Tesla and Nvidia helped drag the Nasdaq composite down 2.6%.
U.S. government bonds and the value of the U.S. dollar also sank as prices retreated across U.S. markets. That's an unusual and worrying move because Treasurys and the dollar have historically strengthened during episodes of nervousness.
This time around, though, it’s policies directly from Washington that are causing the fear and potentially weakening their reputations as some of the world’s safest investments.
In energy trading, benchmark U.S. crude gained 45 cents to $63.53 a barrel. Brent crude, the international standard, rose 45 cents to $66.71 a barrel.
In currency trading, the U.S. dollar edged down to 140.31 Japanese yen from 140.80 yen. The euro cost $1.1508, down from $1.1514.
Currency traders watch monitors near a screen showing the Korea Composite Stock Price Index (KOSPI), top left, and the foreign exchange rate between U.S. dollar and South Korean won, top center, at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, April 22, 2025. (AP Photo/Ahn Young-joon)
Currency traders work near a screen showing the Korea Composite Stock Price Index (KOSPI) and the foreign exchange rate between U.S. dollar and South Korean won, top right, at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, April 22, 2025. (AP Photo/Ahn Young-joon)
A currency trader watches monitors near a screen showing the Korea Composite Stock Price Index (KOSPI) at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, April 22, 2025. (AP Photo/Ahn Young-joon)
