US-China trade tensions limit 4th of July fireworks, raising prices due to tariffs on Chinese imports.

The US-China trade war is affecting 4th of July fireworks, with over 95% of US fireworks coming from China. A 30% tariff on Chinese imports has led to higher prices and a smaller selection this year. The American Pyrotechnics Association is lobbying for an exemption from these tariffs, as the industry faces uncertainty and cannot easily raise prices to offset costs.