The pyrotechnics industry relies heavily on Chinese fireworks imports and warns that this could be the last big bang Fourth of July.

China said that the US has eased certain export restrictions in line with a “hard-won” framework reached at talks, warning against “blackmail and coercion” as the countries attempt to de-escalate a ruinous trade war.

The United States will place a lower-than-promised tariff on many Vietnamese exports, Donald Trump said, cooling tensions with its tenth-biggest trading partner days before the U.S. president could raise levies on most imports.