Hey everyone! Do you love watching fireworks light up the sky on the Fourth of July? 🎇 It’s one of the most exciting parts of the celebration, right?
Well, this year, you might notice that fireworks are a bit more expensive than before. But why is that happening?
What’s Going On?
In the United States, many of the fireworks used for Independence Day come from other countries. When products are brought into the U.S. from abroad, sometimes the government adds a special tax called a tariff. Tariffs are like extra fees placed on goods that are imported.
Recently, new tariffs have been placed on some imported goods. This means that companies importing fireworks have to pay more money. When their costs increase, they often have to raise the prices for people who buy fireworks. 💸
How Does This Affect You?
Because of these tariffs, fireworks might cost more money this year. So, families buying fireworks and organizers of fireworks shows might have to pay higher prices. Some smaller fireworks displays might decide to have fewer fireworks or shorter shows.
But Don’t Worry!
Even if there are fewer fireworks, the Fourth of July is still a fantastic time to celebrate with family and friends. You can enjoy barbecues, parades, and other fun activities! 🍔🎉
What Can We Learn?
This situation helps us understand how global trade and government decisions can affect our everyday lives. It’s interesting to see how things happening around the world can impact something as fun as fireworks!
So when you’re watching the fireworks this year, you’ll know a bit more about what goes on behind the scenes to make the celebrations happen. Have a happy Fourth of July! 🎆
Reference(s):
cgtn.com
