Trump visit to China boosts July 4 fireworks orders
Chinese fireworks orders rose up to 30% after tariff reversals. Manufacturers expect President Trump's May visit to Beijing will further stabilize trade ties.
Xurve View
Xurve View
China fireworks manufacturers reported a 15% to 30% surge in orders from the United States following a reversal of triple-digit tariff hikes. Political tensions persist, yet the two nations remain essential trading partners. The rebound underscores how deeply the world's largest economies depend on each other despite friction.
Wilson Lam, U.S. business manager for Black Scorpion Fireworks, said orders rose after Washington reversed a 145-percentage-point tariff spike that had crippled shipments the prior year. The U.S. market now accounts for 40% of Chinese fireworks exports.
