Earlier this month, Leica raised prices in response to sharply increased U.S. tariffs on foreign-made goods. These tariffs directly impacted Leica's entire product line, leading to pricing adjustments. Most of Leica's cameras and lenses are made in the EU, but many batteries, power adapters and other accessories are sourced from China, where tariffs soared up to 145%.
Recently though, in a quick and welcome turnaround, the U.S. government has now reduced tariffs on Chinese-made goods from 145% to 30%. In response, Leica has acted swiftly and decisively, lowering prices on a number of items from China, effective May 19, 2025.
This move demonstrates Leica’s responsiveness to changing economic conditions and its commitment to transparency and fairness in pricing. While price increases due to external factors are sometimes unavoidable, Leica has shown that it is equally willing to lower prices when circumstances improve.
The reductions apply to a wide range of accessories and essentials, including batteries, chargers, cables, flashes, and lifestyle items. While still higher than baseline, prices are now much more palatable on products like the SF 40 and SF 60 flashes, camera batteries, and other accessories. Among the products receiving price reductions today, the Leica D-Lux 8 is noteworthy. After a staggering increase from $1,595 to $2,790 earlier this month due to the tariff hike, the D-Lux 8 is now priced at $1,915, reflecting the newly lowered tariff rate. Similarly, the new Leica LUX grip for iPhone drops from a spendy $625 to a more reasonable $395.
Importantly, even though the new tariff rate is now at 30%, Leica’s revised prices reflect increases that are less than 30% above pre-tariff levels. Leica is absorbing some of the cost rather than pass the full burden along to customers. Here's a rundown of all the pricing reductions.
May 1, 2025 Price Reductions
For other articles on this blog please click on Blog Archive in the column to the right
For other articles on this blog please click on Blog Archive in the column to the right
To comment or to read comments please scroll past the ads below.
All ads present items of interest to Leica owners.
_______________________________________________________________________
Buy vintage Leica cameras from America's premier Leica specialist
No comments:
Post a Comment