This one isn’t paranoia, unfortunately. According to Executive Order 13662, one of the companies listed is the primary Russian manufacturer of Saiga shotguns and new AK pattern rifles. Bearing Arms has a great breakdown on what this means for you.
The short version is that if you already own a gun manufactured by Kalashnikov, you’re fine. If everything’s paid for you’re in the clear and can sell it on the secondary market. That about covers the legal side of things. What we’re more interested in is the consumer side, because there’s a historical precedent here that makes it unlikely we’ll ever see these guns in the states again. The import restrictions on Chinese manufactured firearms are still in place, and there’s nothing that makes me think that even if the troubles with Russia were to completely blow over tomorrow that these import restrictions would be lifted.
I actually share Tam’s concern even more: what about ammo? We are just now coming out of the ammo crisis to the point where 9mm is affordable and available again; I can buy 500 round bricks of .22 LR for 30 bucks, etc. I’d really hate to see the administration add Wolf and Tula to the list of companies subject to sanction. I like being able to buy a couple of boxes of cheap 9mm if I’ve miscounted what I need for a class or match. Needless to say, this is something that we’ll have to watch out for. Drying up the supply of cheap, steel cased rifle and pistol ammo would absolutely be a tough blow; and while it wouldn’t be the end of the world, I’m genuinely concerned that it could happen. I like having access to cheap steel cased 9mm for training; especially since I don’t reload.