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Trump's tariffs could fizzle fireworks, an American tradition that's 95 percent made in China
https://www.washingtonpost.com/business/2019/05/24/trumps-tariffs-could-fizzle-fireworks-an-american-tradition-thats-percent-made-china/?utm_term=.973fac5e1a64&wpisrc=nl_rainbow&wpmm=1
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. But when President Trump threatened to tag large penalties on $300 billion in Chinese imports earlier this month, a sense of panic settled over the fireworks industry. It had nowhere else to go.
“It’s virtually impossible for our product to be made anywhere else but in China,” said Bruce Zoldan, the chief executive of Phantom Fireworks in Youngstown, Ohio. “If these tariffs happen, it’ll be the greatest threat to our industry.”
Zoldan met with White House officials on Wednesday to press his case, and he is working on a formal request to be delivered next month that he hopes would exempt the fireworks industry from the penalties. A final decision by the White House could come in late June, in the midst of the fireworks industry’s busiest period.
After several months of negotiations between the White House and Beijing that left many believing a truce was within reach, a messy unraveling has left many business executives wondering how to avoid collateral damage.
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. But when President Trump threatened to tag large penalties on $300 billion in Chinese imports earlier this month, a sense of panic settled over the fireworks industry. It had nowhere else to go.
“It’s virtually impossible for our product to be made anywhere else but in China,” said Bruce Zoldan, the chief executive of Phantom Fireworks in Youngstown, Ohio. “If these tariffs happen, it’ll be the greatest threat to our industry.”
Zoldan met with White House officials on Wednesday to press his case, and he is working on a formal request to be delivered next month that he hopes would exempt the fireworks industry from the penalties. A final decision by the White House could come in late June, in the midst of the fireworks industry’s busiest period.
After several months of negotiations between the White House and Beijing that left many believing a truce was within reach, a messy unraveling has left many business executives wondering how to avoid collateral damage.
Do you know anyone who aspires to become a fireworks maker? It's among the most dangerous jobs. People get burned or killed all the time. Trump would have to disband OSHA before it's allowed to be made in America, and he'd probably do it.
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