By Heinz Richter
The New York Times reported how Japan will face a 25% tariff, a result of a reciprocal trade war. It now appears, there are other countries on the hit list as well. Per The Associated Press, the new countries include the likes of Europe and Thailand, both of which have been hubs for camera manufacturers. Europe is home to Leica and Hasselblad, while Thailand manufactures Nikon, Sony and Canon cameras.
This is not meant as a discussion of the validity of tariffs in general, but there is no doubt that Leica prices will be affected if the newly announced tariffs will indeed become reality. This is all the more disturbing since the US has virtually no camera production at all.
But be that as it may, here are some concrete figures of what Leica and other high end camera manufacturers are up against.
Leica, as well as Nikon, Fujifilm, Canon, and Sony will have to increase their prices. A camera like the Leica M11-D, which is at $9,839, could now cost $12,790, and the Leica Q3 43 priced at $7,380, could go up to $9,594.
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