Northwest Indiana Times: Tariffs could take some of the bang out of Region fireworks sales
A tariff could take some of the bang out of fireworks sales in the Region in future years, potentially making some of the "buy one, get six free" promotions financially unfeasible.
"It’s important to understand that our only source for nearly all of today’s consumer fireworks is China," the National Fireworks Association said in a statement. "With the regulatory and wage environment in America today, very little if any consumer fireworks can be produced here. This proposed tariff is an excise tax resulting in an estimated $200 million in increased cost for the consumer at the point of sale."
The National Fireworks Association is urging consumers to pressure elected officials to oppose what it's calling the "#BoomTax."
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