New Leica Lens 25% Tariff for USA?

semi-ambivalent said:
The retail price will not go up 25% because Leica will lower the wholesale cost to offset some of the increase. In the 1980s the Mark soared against the US Dollar but the price of a Mercedes in the U.S. barely budged. MB was able to just eat a lot of the cost increase because their markup was so high to begin with.
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Agreed. I guess they must have higher markups now in many US states compared to Europe because they price differences don't reflect the differences in sales tax, I think (too lazy to verify, but that seems to be the case for many products).

semi-ambivalent said:
This is how it works out when you've given away your country's production to other countries; America's biggest export product is now our consumption.
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Imports is an export? Are you sure? :p I get what you mean. There is demand for demand.
 
“Introducing the Leica Q-J, ’Made in Germany Not Really’ and shipped Direct from the Bavarian Quarter of Panasonic’s Yokahama City Headquarters”.
 
Does anyone happen know what percentage of Leica lenses are actually currently manufactured in Portugal? They would seemingly not be impacted by price hikes related to the tariffs on German-made goods of note.
 
Guth said:
Does anyone happen know what percentage of Leica lenses are actually currently manufactured in Portugal? They would seemingly not be impacted by price hikes related to the tariffs on German-made goods of note.
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Portugal is in the EU, and it is a EU Tariff
 
pedaes said:
Portugal is in the EU, and it is a EU Tariff
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Yes, but in the original post there was a link to information that included a detailed PDF showing what items from each country were going to be impacted. The products that are impacted by these tariffs varies greatly from one EU country to the next. If I am reading that information correctly it appears that the only items produced in Portugal that are going to be impacted are food related items. Nothing about optics was mentioned when it came to Portugal whereas Germany was called out specifically for such items.
 
it will be interesting how Leica adapts to to the tariff -

OK, a 25% higher markup at customs based upon factory cost

How much if any will Leica absorb to make the pain easier to customers?

That 25% increased wholesale cost won't likely mean a 25% retail increase, but it will likely mean an increase.
 
I did not read all regulations in details, but wondering how does it work for personal transactions on second hand market - do you, in US, have to pay any tax on items in scope if you buy from ebay in an EU country or RFF ads?
 
David Murphy said:
The real craziness of this is, if I understand it correctly, is that both sides have been found to subsidize their aerospace monopolies. From what I have read over the years this is pretty obvious too. The result is now that both sides will levy tariffs on many consumer goods, in general denial of reality, with the population at large paying the price (a lot like a "real war").
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The US lost a WTO case on subsidies paid to Boeing (for the hefty tax breaks my home state grants to Boeing, who threatens to move their factories elsewhere), but any tariffs the EU levy in retaliation don't kick in until early next year - that proceeding is simply on a later timeline. It would be nice if both sides would agree to net out the competing tariffs and drop the whole matter.
 
james.liam said:
How else do you propose pressuring the EU to mend its corporatist ways? They’ve had a pass on everything since VE Day.

Ever see how large Airbus is assembled? Instead of a single large plant, massive sections and components are transported by plane, train, barge and truck from all across Western Europe to Toulouse for final assembly. Very “green”. And heavily subsidized.
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Boeing is no different. Depending on the type, fuselages come to the Seattle assembly plant by rail from Wichita (737) or by Dreamlifter (pregnant 747) from Charleston, S.C. (where they also do final assembly of some of the 787s), wings flown in by Dreamlifter from China or Japan. It's been that way for years.
 
Chuck Albertson said:
The tariff for lenses is specific to lenses manufactured in Germany, not the EU in general.
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'Made in Portugal' will seem all that more appealing for the Wetzlar Krew.
No like they REALLY assemble many lenses in Wetzlar nowadays. Probably the exotics that are priced in the stratosphere.

The rest? After the long truck drive from north of (O)Porto, an inspection, polish and into the box.

And, my near-new R8 says 'Made in Portugal' right on it. I love it no less.
 
Leica's best selling kamera is a film kamera and it is made in China. So they are already dealing with tariffs and have not increased the price on that.
 
james.liam said:
'Made in Portugal' will seem all that more appealing for the Wetzlar Krew.
No like they REALLY assemble many lenses in Wetzlar nowadays. Probably the exotics that are priced in the stratosphere.
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Yes, they really do. M, S, SL, the lot. Grinding, polishing, a bit of black paint on the rim of the elements to cut down on reflections, assembly, centering, QA/QC, etc. It's worth a visit to the mothership to watch it done. They could try to slap a "Made in Portugal" label on a Wetzlar product, but likely wouldn't get away with it for long - the Customs people wouldn't be fooled.
 
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