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Tariffs could lead to higher prices for fireworks ahead of busy summer season

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Fireworks are a classic when it comes to celebrating America's birthday, but nearly all fireworks are made outside of the U.S. in China, and recent tariffs on Chinese goods could lead to higher prices.
The article from WMUR discusses the impact of tariffs on fireworks imported from China, affecting New Hampshire's fireworks industry. Due to a 25% tariff imposed by the U.S. on Chinese goods, including fireworks, local fireworks businesses like American Thunder Fireworks in Hudson, New Hampshire, are experiencing increased costs. The owner, Jim Welling, noted that the tariffs have led to higher prices for consumers, with some fireworks increasing in cost by as much as 30%. The article also mentions that while the tariffs aim to encourage domestic production, the U.S. currently lacks the capacity to produce fireworks on a large scale, leaving businesses dependent on imports from China. This situation has led to concerns about the future affordability and availability of fireworks for traditional celebrations like the Fourth of July.

Read the Full WMUR Article at:
[ https://www.wmur.com/article/tariffs-china-fireworks-new-hampshire/64657254 ]