4 Things You Should Know About The 4th of July – Fact #2
China owns The 4th too.
We all know our government owes Chinese businessmen craploads of money, but we’re certainly not helping. In 2011, the U.S. imported $3.6 million worth of American flags. The vast majority ($3.3 million) of them were made in China.
The US also imported $232.3 million of fireworks from China in 2011. However, in the same year, the U.S. exported $15.8 million fireworks, with Australia purchasing more than any other country ($4.5 million).
Source: Foreign Trade Statistics