U.S. President Donald Trump’s visit to China is revitalizing the once-frozen Chinese firecracker industry, Reuters reported.
The U.S. accounts for nearly 40% of China’s fireworks exports, according to Reuters.
According to Wilson Lam, manager of U.S. business at Black Scorpion, a firecracker company located in the southern Chinese city of Li Ling, Chinese firecracker manufacturers struggled in the U.S. market with more than 100 percent tariff bombs last year. Several factories in China put shipments on hold in April in the wake of the tariffs.
However, as the U.S. withdrew its tariffs, orders surged 15-30% this year.
Manager Lam also saw President Trump’s visit to China, which will take place just a few weeks before the 250th anniversary of the U.S. independence on July 4, as a positive factor.
In the U.S., people celebrate the independence day by setting off fireworks in all of the footnotes. This is also a good example for a Chinese firecracker manufacturing company.
Manager Lam said, “Doesn’t the couple fight?” and assessed that President Trump’s visit to Beijing in mid-May shows that the relationship between the U.S. and China, the world’s largest economy, is inseparable.
The box of Chinese-made firecrackers sold by Black Scorpion bore a picture of President Trump who clenched his fist during the attempted 2024 presidential assassination and the phrase “Fight for America” along with the U.S. flag.
Some of the slogans read “Make America Great Again,” which was President Trump’s presidential campaign slogan. The slogan was a pledge to restore jobs lost to other countries, including China, by American workers.
A firecracker plant in Pingxiang said it had drastically reduced U.S. exports to avoid the burden of tariffs, adding that “the impact of tariffs remains.”
In response, Eric Chung, chairman of the Shanghai U.S. Chamber of Commerce, pointed out that most of the members believe President Trump’s visit to China could bring a short-term ” truce” to the trade conflict, adding, “If you turn your back on China, it will be a great loss to the United States.”
JENNIFER KIM
US ASIA JOURNAL
