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President Donald Trump announced on Tuesday evening that the US and Japan reached a business deal, CNN reported. The new agreement, which was confirmed by Japanese Prime Minister Shigeru Ishiba, resulted in 15% tariff on Japanese imports. White House also shared details Separate agreement The resulting 19% tariff with Indonesia.
15% tariff on Japanese imports is an improvement There was danger before the rate of 25% This month. While the reduction of 10% is better than the option for American customers, it does not mean that cameras and lenses will become more cheaper.
Most brands, including Nicon, Canon, Sony, Leika And SigmaIncreased tariffs have raised about 10% prices in the US. The increase in those prices occurred during the 90-day break on a complete tariff. During the time, the threatened tariff rate was much higher than the price increase by 10% price that we saw on the camera gear. It seems that the brands were accepting that they would have to suffer some losses instead of passing all costs to consumers.
Given that the price of tariffs does not decrease with the increase in the price of tariffs as a result of the new trade agreement, it is unlikely that the manufacturers will reduce their prices in the US. Instead, those prices are likely to live here, at least for the future. However, this may mean that there would not be an additional jump in pricing, which was a possibility if the 25% rate threatened became a reality.
Of course, all (or most) cameras and lenses are not built in Japan or Indonesia. For example, Tamon began an operation Factory in Vietnam In response to Lump Tariff in February. earlier this monthPresident Trump announced a deal with Vietnam, resulting in 20% tariffs on imports from Vietnam, which is much lower than the original 46% rate declared in April. Other business deals are running, so the exact impact of tariffs on photography equipment prices in the US is not clear.
