Will July Fourth cost more next year, if Trump’s 25 per cent tariff takes effect on Chinese fireworks?

“American Glory”, “The Spirit of Freedom” and “Big Booom!” may cost consumers in the United States a lot more in the near future.In an escalating trade war with Beijing, the Trump administration is preparing to place tariffs on about US$300 billion worth of Chinese-made goods, including fireworks sporting cheeky names such as “Devils Rejects” and “The Big Kahuna”. The 25 per cent tariffs could go into effect as soon as July, but after this year’s Independence Day celebrations in the US…

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