WBBM Radio (Chicago): Cost Of Fireworks Could Go Up Due To Tariff Proposal
They call it the "Boom Tax" - the name that the National Fireworks Association has given to the tariff that could go into effect this summer, raising the price of fireworks at Chicago's back door: Northwest Indiana. The National Fireworks Association is pushing the Trump Administration to give fireworks an exemption from tariffs. The "proposed tariff is an excise tax" that'll mean $200 million in increased costs for shoppers at the fireworks stands of America. Read the full story and hear the audio here .