New Leica Lens 25% Tariff for USA?

[CameraQuest]

USA Leica photogs may see a 25% increase on new Leica Lens prices thanks to US Tariffs on EU products over a WTO verdict against EU airplane manufacturer Airbus.

How soon Leica lens prices will be increased, how increases will be implemented, and how long the USA tariffs will be in effect are all unclear.

https://leicarumors.com/2019/10/07/...leica-gear-get-more-expensive-in-the-us.aspx/

MANY EU items are getting the 25% tariffs, including sadly Scottish Whiskey and French wines!

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EDIT

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.

 

[Calzone]

I was wondering when the European Trade War would kick in.

I just a few weeks ago I bought an APO 35 Cron-L. A 25% tarriff would add about $1150.00 to the price.

With this possibility of a huge price increase this might inflate used prices is my guess.

Cal

 

[shimokita]

Scotch whisky distributors face US tariffs after today

Whisky that arrives after today will be subject to a 25% tariff, imposed in retaliation by the US after the World Trade Organization found Boeing and Airbus had received billions of dollars in illegal subsidies over the past 15 years.

https://www.msn.com/en-us/money/mar...-us-tariffs-after-today/ar-AAIZcWt?li=BBnbfcL

 

[benlees]

Only the single malts are effected. Blended scotch have no tariffs, according to the link.

 

[MJ Buckpitt]

The WTO sanction the EU for unfair subsidies that damage the US aviation industry but the consumers in the US pick up the tab?

 

[raid]

Is this a sign
from above to buy Japanese cameras and lenses?

 

[shimokita]

Only the single malts are effected. Blended scotch have no tariffs, according to the link.

and no tariff in Canada? ; )

 

[Huss]

This is excellent news! Now I can ask 25% more if I sell my lenses!

How does this work with Zeiss lenses that are made by Cosina? Or Voigtlander? Are they German or Japanese? They are made in Japan.

 

[raid]

I was thinking of buying a Leica M10 in the near future, but I will not pay an extra 25%.

 

[Ko.Fe.]

And M10 will be priced very logically. Ten grands camera without IS and dust shake.

 

[shimokita]

How does this work with Zeiss lenses that are made by Cosina? Or Voigtlander? Are they German or Japanese? They are made in Japan.

My experience living in Tokyo, Japan... when ordering Lee Seven5 filters from B&H in NY the tax was based on UK rates because that's where the item was made even though it was shipped from the USA.

How does that work ; )

 

[raid]

Would buying from Canada be less costly?

 

[Beemermark]

Is this a sign
from above to buy Japanese cameras and lenses?

Buy Kodak! Oh wait...


Actually if you can afford new Leica equipment a 25% increase shouldn't be a problem.

 

[David Murphy]

The WTO sanction the EU for unfair subsidies that damage the US aviation industry but the consumers in the US pick up the tab?

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").

 

[dourbalistar]

Is this a sign
from above to buy Japanese cameras and lenses?

Would buying from Canada be less costly?

Well, for Japanese lenses that are made in China, it might well be cheaper to buy in Canada (even with the added PST/GST):
https://www.sonyalpharumors.com/tra...sony-70-350mm-g-lens-costs-25-less-in-canada/

More on topic, I believe that German-made Zeiss lenses would also be subject to the 25% tariff. Or any other German-made lens, I suppose.
https://petapixel.com/2019/10/17/german-camera-lenses-may-be-25-more-expensive-after-friday/

Now the question is whether those Meyer Optik Görlitz lenses are German-made. 😉

 

[Archiver]

We might see an increase in overseas travel by Americans who want to buy European goods. Although, will this tariff be levied on individual travelers as well?


I'm in Australia, but I'm concerned that some genius might decide that Australian prices need to increase as well. Gotta get a Zeiss 35mm Distagon sooner rather than later.

 

[Rayt]

What a fortuitous turn for the UK! After Brexit we will have access to a myriad of low tariff high quality British made tech products.

 

[Paul T.]

What a fortuitous turn for the UK! After Brexit we will have access to a myriad of low tariff high quality British made tech products.

Absolutely. Tariffs are good for everyone.

Look how well Autarky worked in the 1930s!

(and, to make it more totalitarian, they penalise the people like decent whisky but not the the churned-out muck!)

 

[robert blu]

I was thinking of buying a Leica M10 in the near future, but I will not pay an extra 25%.

Raid, come to Europe, stay a couple of days in Wetzlar...🙂

 

[Rob-F]

Only the single malts are effected. Blended scotch have no tariffs, according to the link.

(and, to make it more totalitarian, they penalise the people like decent whisky but not the the churned-out muck!)

Hey, wait a minute, I like single malt! This is bad! Somebody do something!