New US camera import tariffs - 25-50%

[Andrew Reid]

2 hours ago, Snowfun said:

Some of the AI generated Trump stuff on IG is superb. We’re in for a golden age of stand-up comedy. Although how can you make the Trump joke any funnier?

Granted, hilarious as all the job losses and the rise of a fascist dictatorship in the West is, we must remind ourselves to buy local because it'll be local businesses that die first in all this buffoonery.

For example, the niche smaller camera shops in America which import from Asia.

Smaller Chinese manufacturers that make niche products like camera cages and rigs.

And so on.

It'll be good for the climate though won't it?

[Andrew Reid]

Canon price increases on all products coming within 2 weeks.

https://www.canonrumors.com/price-increases-coming-from-canon-usa/

This will have a ripple effect too, on second hand prices globally.

It might finally be time to stop buying shit.

[BTM_Pix]

5 minutes ago, Andrew Reid said:

It might finally be time to stop buying shit.

[Emanuel]

Blackmagic Design, an Australia-based digital cinematography camera company, was gearing up to start making products in the United States before the Trump administration blew a tariff-shaped hole in its plans. Now, not only is Blackmagic having to increase prices in the US to mitigate some of the levies on imported goods, but those same tariffs are also making it difficult to justify opening a US production line.

“We were planning to build a new factory in Dallas, Texas, to streamline our supply chain and allow us to work more directly with US semiconductor companies,” Blackmagic Design spokesperson Patrick Hussey told The Verge. The introduction and ever-shifting confusion around President Donald Trump’s blanket global tariffs have since complicated things according to Hussey, because while the semiconductor parts and PCBs used in Blackmagic’s cameras are sourced from US companies, those companies are importing them from overseas.

“If we proceed with the US factory, we’d incur tariffs on those parts, increasing costs and negating the savings we anticipated,” said Hussey.

It’s a no-win situation that many other businesses in and outside of the US are facing if they deal with global suppliers. While Trump has brazenly declared that tariffs will incentivize companies to bring manufacturing to the US to remain competitive, if these manufacturers use foreign equipment or materials in their supply chain, they may — directly or indirectly — still get hit with hefty import fees. (That’s leaving aside the cost of doing business when the fees change dramatically from day to day.)

A supply chain survey conducted by CNBC found that 61 percent of respondents from unspecified businesses would be financially better off moving from high-tariff countries to lower-tariffed countries instead of the US, and 81 percent said if they did relocate to the US, they would automate production instead of hiring human workers, failing to deliver the manufacturing jobs Trump promised. 61 percent of the companies also warned they would raise prices for products coming in under the new tariff rates.

Blackmagic Design customers have already noticed a price hike has been applied to all products sold in the US, with the new Pyxis 12K briefly listed at $6,600 after initially being marketed at $5,000. This has since fallen to $5,500 after Blackmagic announced it had moved Pyxis production to lessen the tariff impact, but prices in every country besides the US have remained completely unscathed.

“Due to new government tariffs, price increases in the US have been unavoidable,” said Hussey. “That said, we operate factories in several countries, so production of some product lines has been relocated to reduce the impact on our customers.” Hussey told The Verge that Blackmagic is now planning to “wait a few months” to see if the supply chain for the components it needs will move to the US. “If it does, we could still achieve the supply chain benefits we were aiming for.”

The Trump Administration added “smartphones, computers, and other electronics” to its list of tariff exemptions last week — a list with no clear carveout for cameras or camera-specific manufacturing equipment — but then swiftly warned that companies shouldn’t get comfy. Commerce Secretary Howard Lutnick said these are not “a permanent sort of exemption,” and that these goods will be hit with the same unspecified tariff rules that Trump is expected to apply to the semiconductor industry in “a month or two.”

 

https://www.theverge.com/news/649225/blackmagic-design-trump-us-tariffs-price-hike

[MrSMW]

4 hours ago, Emanuel said:

and that these goods will be hit with the same unspecified tariff rules that Trump is expected to apply to the semiconductor industry in “a month or two

Industry and customers alike just love this kind of 💩 

It’s worse than waiting each time for the next Lumix camera announcement and whether they even will or not…

It’s called ‘instability’ and when times are not stable, no one spends any 💰 

[maxJ4380]

I suspect i got caught up in some of that " instability " last week when the aus dollar did a pretty good impression of that last ship scene from the titanic...  I had decided to purchase the reaper software that allows one to make music on a computer.

I had been evaluating it for 360 days +.  I just picked a bad day to buy it lol. US $66 went to $113 Australian, that's a nasty unexpected jolt to the system. It also makes me question further purchases when the  US $ becomes involved.

I haven't bought anything out of the US for the last few years as postage from the US is just astronomical and i have happy enough to source items from japan mostly.  From now on, i personally will be thinking quite hard about any further purchases from abroad and that's lose / lose situation for everyone, i guess. 

On the upside i did find two smc takumars in an old camera bag up in the shed today. Which did brighten up my day a little. 

[Ilkka Nissila]

7 hours ago, MrSMW said:

It’s called ‘instability’ and when times are not stable, no one spends any 💰 

Rich people do. "Buy when there's blood in the streets, even if the blood is your own."