Fireworks sales in the U.S. are being adversely affected by President Trump’s trade war with China, as over 95% of fireworks sold are imported from there. With a 30% tariff in place, retailers face reduced stock and higher prices, leading to fewer choices for consumers this July 4th, while some importers have halted orders due to previous high tariffs.
Explain It To Me Like I’m 5: Due to President Trump’s trade issues with China, people may find fewer fireworks and higher prices for celebrating July 4th this year because most fireworks come from China.
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