If fireworks aren’t removed from the list of tariffs, executives said, their businesses will not be able to absorb the costs.
Of the 250 million pounds of fireworks that are imported by the United States each year, nearly 95 percent come from China, according to the American Pyrotechnics Association. By Taylor Telford Taylor Telford Reporter covering national and breaking news Email Bio Follow May 24 at 4:39 PM The escalating trade clash between the United States and China has sent thousands of U.S. companies scrambling to determine whether they could source goods from other countries to escape higher tariffs.
Trump’s showdown with Beijing has nothing to do with fireworks, but they have nonetheless been brought into the fray of the trade war and its headline issues: trade imbalances, government subsidies, intellectual property and global economic health. And while Trump has repeatedly suggested that companies can sidestep the tariffs by moving manufacturing to the United States, that is not an option for domestic fireworks sellers.
And if the industry can’t win an exemption before tariffs take effect this summer, the levy will cut deeply into the revenue streams of legions of small businesses, local economies, and the school groups and nonprofits that rely on fireworks for fundraisers. Steven Houser, secretary of the National Fireworks Association, said he’s heard from many of the group’s 1,200 members, who are frantically trying to understand what’s happening.
“I just explained the future potential crisis in our industry,” said Zoldan, 70, who has been in the business since he was a teen, selling firecrackers to friends out of the back of his mother’s Impala. “We help Americans celebrate America’s birthday, and the majority of these people aren’t those with a high income. If this fourth tranche passes, those people will be hit hard.”
Trump began imposing tariffs on Chinese imports last year, and the economic impact has been mixed. Some companies have worked to absorb the cost, limiting the effect on consumers. But others have passed it along to their customers, and Zoldan said fireworks margins are slim enough that he predicted a similar result.
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