Core Viewpoint - The U.S. government's tariff policy has significantly increased the cost of fireworks for American consumers, impacting the fireworks industry ahead of Independence Day celebrations. Group 1: Tariff Impact - The fireworks industry is heavily reliant on imports from China, with over 95% of fireworks sold in the U.S. coming from there [4] - The imposition of tariffs, potentially as high as 400%, has raised concerns about the viability of domestic fireworks production, which is not feasible due to a lack of resources in the U.S. [3] - Industry leaders have expressed that the current tariff situation has led to unprecedented volatility in pricing and supply chains [5] Group 2: Industry Response - Many small fireworks businesses are facing cash flow issues, leading some importers to halt deliveries to avoid high tariffs, resulting in shortages and price increases for consumers [7] - The American Pyrotechnics Association and the National Fireworks Association have urged the U.S. government for tariff exemptions, warning that failure to do so could severely damage the fireworks industry and jeopardize events like the 250th anniversary of the U.S. in 2026 [7] - If tariff exemptions are granted, prices are expected to rise by 10% to 15% next year; without exemptions, the increase could reach 35% to 45% [9]

Group 1 - The second 418 Fireworks Industry Ecological Conference was held in Changsha, focusing on the theme "Breaking the Circle, Growing" and gathering leading companies and media representatives in the fireworks industry to discuss innovative paths and high-quality development [1] - The conference featured ten core topics including industry trends, AI technology empowerment, media communication, and cross-industry integration, facilitating in-depth discussions on policy directions and technological innovations [1] - Fireworks Planet aims to reposition itself as a "new ecological platform for the fireworks industry chain" by 2025, promoting ecological collaboration with the concept of "coexistence and mutual prosperity" [1] Group 2 - Fireworks Planet launched eight empowerment systems to activate the value of the industry chain, including brand upgrading, IP collaboration, scene breaking, marketing innovation, supply chain optimization, chain development, business model innovation, and capital support [2] - The brand upgrading initiative aims to create "city fireworks business cards" to end price wars through comprehensive traffic [2] - The successful hosting of the conference provided a valuable communication platform for the fireworks industry and indicated the direction for future development [2]