Tariffs could mean fewer — and pricier — fireworks displays this July 4
CBSN
Fireworks, a hallmark of July 4th celebrations, are feeling the impact of President Trump's trade war with China.
More than 95% of the fireworks sold in the U.S. come from China, according to data from the U.S. Census Bureau. And while sales of pyrotechnics have grown in past years as more states and counties loosen restrictions, tariffs have snarled some firework importers' plans this year.
For retailers, the week before July 4 is the busiest time of the year for fireworks sales. In a normal year, shelves would be fully stocked. This year, with a 30% U.S. tariff in place on imports from China, fireworks fans may find a slimmer selection and higher prices.
More Related News
