The article discusses the implications of tariffs on fireworks imported from China, which dominates the market. Despite the current tariffs not impacting this year's Fourth of July celebrations in Maryland, companies like Innovative Pyrotechnic Concepts fear for their future viability. The company's owner warns of potential closure if access to Chinese fireworks does not improve. Tariffs, having risen significantly, introduce uncertainty for small businesses, which are already struggling during peak demands as the U.S. prepares for its 250th anniversary in 2026.
President Trump placed considerable tariffs on Chinese goods, raising concerns about the fireworks industry's future as it grapples with supply challenges and the viability of small companies.
The fireworks industry, largely dependent on Chinese imports, confronts uncertainty as small businesses worry about their sustainability amid escalating trade tensions.
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