US economic woes damper July 4 fireworks, further impact expected: Chinese industry insiders
A slew of economic woes in the US, including supply chain issues and sky-high inflation, have put a damper on the US’ traditional celebrations of its Independence Day on July 4, as fireworks shows have been canceled in many US cities and Chinese fireworks producers, which supply about 90 percent of the US market, reported issues such as high production and transportation costs and delayed shipments at US ports.
Source: globaltimes.cn