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But Bruce Zoldan, CEO of Phantom Fireworks, lobbied the president against Chinese tariffs during a recent gathering with business leaders.

\"They were all sympathetic to what I was saying, but holding on to the fact that China needed to be punished for what they felt were predatory issues and unfair trade. And they said hopefully a deal will be made,\" Zoldan said on ABC News Live.

Independence Day celebrations in Washington will begin on Thursday with a National Independence Day Parade, followed in the evening with the Salute to America address at the Lincoln Memorial and then A Capitol Fourth Concert and Fireworks Display.

The departments involved with the president's July Fourth event have not disclosed how much money the full event will cost.

ABC News Senior Washington Reporter Devin Dwyer contributed to this report.

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