Fourth of July celebrations are projected to decrease by 5% this year due to increased prices driven by President Trump's tariffs and inflation. The trade war with China has raised the costs of essential items like fireworks and food, particularly beef affected by a low cattle supply. Some Americans are adjusting their budgets significantly, with reports of families going over-budget by $2,000. The upcoming 250th anniversary of the United States might also face economic challenges due to these ongoing issues.
The trade war with China has driven up the price of many of America's favorite pyrotechnics, leading to a projected 5% drop in Independence Day celebrations this year.
Higher tariffs and a historic low in the American cattle supply have increased prices of essential items for the Fourth of July, from fireworks to beef.
Excessive costs from tariffs are putting financial pressures on families, with some Americans reporting a $2,000 over-budget experience for their celebrations.
Next year's Fourth of July could see even more muted celebrations due to ongoing tariff impacts on prices and inflation.
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