China trade war threatens US fireworks industry: Stars, Stripes and Sticker Shock
With their near-total reliance on Chinese imports, American fireworks companies have landed squarely in the crosshairs of President Donald Trump’s trade war with Beijing.China manufactures 99% of the fireworks enjoyed in backyards and about 90% of the professional-grade displays that dazzle the skies around the globe.The American fireworks industry warns that a 30% tariff imposed by the Trump administration on Chinese imports could fizzle preparations for the nation’s 250th birthday […]