POLITICO Morning Trade: Trump saves Christmas from his own tariffs
From this today's POLITICO Morning Trade Newsletter:
"And the Fourth of July (for now): The list of items that got a temporary reprieve include fireworks, eliciting a cheer from the National Fireworks Association. 'Fireworks importers, distributors, and retailers are small family-run businesses who operate seasonally and can’t afford any costs of doing business,' said the group’s secretary, Steve Houser.
"Two major fireworks companies, Fireworks by Grucci and Phantom Fireworks, teamed up last month to donate $750,000 worth of services and material for Trump’s July 4th 'Salute to America' show on the National Mall. 'Our hope is the President finally excludes fireworks from tariffs altogether. It’s not right to ask Americans to pay a boom tax when we celebrate our Nation’s birthday,' Houser said."
"And the Fourth of July (for now): The list of items that got a temporary reprieve include fireworks, eliciting a cheer from the National Fireworks Association. 'Fireworks importers, distributors, and retailers are small family-run businesses who operate seasonally and can’t afford any costs of doing business,' said the group’s secretary, Steve Houser.
"Two major fireworks companies, Fireworks by Grucci and Phantom Fireworks, teamed up last month to donate $750,000 worth of services and material for Trump’s July 4th 'Salute to America' show on the National Mall. 'Our hope is the President finally excludes fireworks from tariffs altogether. It’s not right to ask Americans to pay a boom tax when we celebrate our Nation’s birthday,' Houser said."
To read the full report from POLITICO please click here