Bill Pierce
Well-known
Our new President has suggested increased taxes on imports. The increased price of imported goods (A LOT OF CAMERAS) will hit retailers hard, some say the hardest. But I have a sneaky feeling that camera stores will pass on the higher prices to us. Here’s what the NYT has to say.
https://www.nytimes.com/2017/01/26/...edCoverage®ion=EndOfArticle&pgtype=article
What do you think? Is now the time to buy that new toy?
https://www.nytimes.com/2017/01/26/...edCoverage®ion=EndOfArticle&pgtype=article
What do you think? Is now the time to buy that new toy?
uhoh7
Veteran
M10s will soon be hoarded like ammunition under the last president 
ferider
Veteran
M10s will soon be hoarded like ammunition under the last president
In some states there is no difference between the last and this president (regarding ammo). Just saying.
Also wonder what will happen to camera prices. In particular wrt cell-phone cameras
______
Well-known
Protectionism pure and simple. Higher prices for consumers. Retaliatory taxes on our exports the likely result, resulting in an economic slow down, higher unemployment, lower wages, fewer domestic taxes collected, not to mention litigation at the WTO. The $6500 M10 now costs $7800. Nobody wants to buy Trump's ties now; imagine if they too cost 20% more. Brilliant idea. As my Dad use to say, **** for brains.
ferider
Veteran
One more note:
It's much more complicated than that. For example, the M10 - while assembled in Wetzlar (?), has a sensor manufactured in either Israel or the US, an image processor manufactured in Japan, which contains an ARM core "taped-out" in the US, there is a screen made in Korea, and the Flash memory cards could be from either Japan or US.
My Mercedes was assembled in Alabama, and has parts made in more than 100 countries. My BMW motor-cycle was assembled in South Africa.
In a year from now, maybe all of us will browse Alibaba (US) for used camera prices.
Regarding cheap ties, I suggest to think twice and have a look at John Olivier https://youtu.be/VdLf4fihP78 ("Trendy clothes are cheaper than ever. That sounds great for the people who buy them, but it's horrible for the people who make them. ").
All I'm saying is there is no way to know what will happen, there can be pros and cons. And if you really do know what will happen, short or buy the right stocks (or cameras) and be rich and happy in a few months.
Roland.
It's much more complicated than that. For example, the M10 - while assembled in Wetzlar (?), has a sensor manufactured in either Israel or the US, an image processor manufactured in Japan, which contains an ARM core "taped-out" in the US, there is a screen made in Korea, and the Flash memory cards could be from either Japan or US.
My Mercedes was assembled in Alabama, and has parts made in more than 100 countries. My BMW motor-cycle was assembled in South Africa.
In a year from now, maybe all of us will browse Alibaba (US) for used camera prices.
Regarding cheap ties, I suggest to think twice and have a look at John Olivier https://youtu.be/VdLf4fihP78 ("Trendy clothes are cheaper than ever. That sounds great for the people who buy them, but it's horrible for the people who make them. ").
All I'm saying is there is no way to know what will happen, there can be pros and cons. And if you really do know what will happen, short or buy the right stocks (or cameras) and be rich and happy in a few months.
Roland.
daveleo
what?
I say this thread has a very slim chance of survival.
giganova
Well-known
We'll just have to buy our Leicas in Germany in the future, on our way to Oktoberfest
benlees
Well-known
Nice of him to try and save the American camera manufacturers. Wait a minute...
______
Well-known
Well, at least Ektachrome would have a better chance against Fuji's offerings, unless Kodak decides to take advantage of the tariff and retail it for 20% more than it otherwise would have.
Oh, and unless he cuts a better deal with May, all that Ilford film, paper, and chemicals are going to be more expensive. I think I'll go ahead and order a couple of more rolls of bulk film and boxes of paper. I've already stocked up on Ilford chemicals given B&H's recent (non) shipping fiasco.
Oh, and unless he cuts a better deal with May, all that Ilford film, paper, and chemicals are going to be more expensive. I think I'll go ahead and order a couple of more rolls of bulk film and boxes of paper. I've already stocked up on Ilford chemicals given B&H's recent (non) shipping fiasco.
gb hill
Veteran
Yep, better buy more Kentmere before Trump causes the prices to escalate.
Dogman
Veteran
I'm all for saving American jobs and slowing the pace of unrestrained consumerism but....
...Damn! I've been wanting a Fender Telecaster but the only ones I could afford are those made in Mexico. Oh well, I'm a terrible guitarist anyway.
...Damn! I've been wanting a Fender Telecaster but the only ones I could afford are those made in Mexico. Oh well, I'm a terrible guitarist anyway.
radi(c)al_cam
Well-known
… Great Again cameras, I hope!
Re social issues and domestic production: Well, don't you already have quite a number of sweatshops in midst of the «Land of The Free and The Home of The Brave»?
willie_901
Veteran
This too will pass.
radi(c)al_cam
Well-known
Your post is a bit enigmatic — what exactly will «pass» (the legislative process in question? or: sweatshops in USA?), and: «pass» in which sense?
BillBingham2
Registered User
That's what I've been telling my students, it's not all good or all bad.
It does make we wonder where the Tea Party folk are. Tariffs vs Taxes, pretty much the same result, someone pays more.
At the end of line of suppliers, manufactures of parts, shippers, manufactures of products, etc. are consumers. Unless someone in the chain wants to make less profit, the consumers will pay more.
B2 (;->
BillBingham2
Registered User
I forgot to answer your question Bill, sorry....
Yes.
While I can't tell you how or where, I can tell you one thing. Market uncertainty breeds concern, worry, instability and often higher prices for goods.
It ain't just cars and parts we get from Mexico, it's also food (e.g. tomatoes, beer, fruits). Add 20% to those (be it slapped on by our government or an export tax by the Mexican government) and most everyone will be paying more for all the food we eat.
Remember what happened when we hit $4.00 gas, the extras folks paid? Ammo's still at a higher price (profitability is the goal of every company), though food has dropped back somewhat.
B2 (;-<
BuzzyOne
Established
Too bad the ability to impose tariffs resides in Congress and not the President.
There are 3 branches of government, and there are certain checks and balances for each.
There are 3 branches of government, and there are certain checks and balances for each.
fdarnell
Well-known
If you do the tariffs before the manufacturing base has a chance to develop, it will just cause inflation. Tariffs can happen overnight, manufacturing can take years. You have to get the manufacturing going first, then apply tariffs.
However tariffs tend to make existing manufacturers lazy and less innovative, since the owners sometimes get a windfall. It's all a very fine line razor's edge to dance on if you are going to have government interfere in the economy.
Someday government and economy will be separated, since economy is controlled by man who is part of nature. True free market capitalism would not allow tariffs. He who makes the best product at the lowest cost and most price competitive wins.
Trouble is, all government does is mess up the rules and the playing field. If the world is the entire playing field, so be it. I once toured a large format four-color poster screen printer in France that had two, count 'em two, people running all the production. It was as competitive as a printer in Indonesia and Brazil.
Rise of the robots?:bang:
However tariffs tend to make existing manufacturers lazy and less innovative, since the owners sometimes get a windfall. It's all a very fine line razor's edge to dance on if you are going to have government interfere in the economy.
Someday government and economy will be separated, since economy is controlled by man who is part of nature. True free market capitalism would not allow tariffs. He who makes the best product at the lowest cost and most price competitive wins.
Trouble is, all government does is mess up the rules and the playing field. If the world is the entire playing field, so be it. I once toured a large format four-color poster screen printer in France that had two, count 'em two, people running all the production. It was as competitive as a printer in Indonesia and Brazil.
Rise of the robots?:bang:
daveleo
what?
JP Owens
Well-known
Unfortunately, there is a line that can be crossed where you can't step back. Once you are willing to violate the constitution, and then when called on it, brush it off by simply declaring that you aren't violating the constitution, the end is near. When the checks and balances break down, there is no road back.
The price of gear is the least of my concerns.
The price of gear is the least of my concerns.