Price Increases Coming From Canon USA

#41
Bonich said:
The USA was a hub for word wide logistics in camera gear across at least a generation.

This is subject to be changed in these days pushed by stunning tariffs of the day from 10 to 145%

So yes, it is liberation day around the world, just not the NYC based wholesale.
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Can you give some more information about the US being a global logistics hub? I’m not familiar with it and would have thought that canon Japan will sell to canon Australian or canon Europe etc as well as canon USA. They probably will also sell direct to different agencies as well.
Repairs are done locally so that would include local sparring if components and replacement items.
No point in shipping to the US and then back to Australia rather than a direct flight here from Japan
 
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#42
Berowne said:
If China restricts export of rare earth elements and certain magnetic materials, we will have other and more serious problems.
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Which is strange that Australia also cops a tariff even though we have rare earths and run a trade surplus with the US…. Let’s ignore the Heard Island plus Norfolk Island snafu
 
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#43
‘We don’t know if any changes in USA pricing will affect other countries as well. While there aren’t direct tariffs with Japan on cameras and lenses from say, the EU, the supply chain cost increases may have an influence on pricing outside of the United States‘

Why would tariffs that the US impose impact prices in other countries? USA Tariffs are paid for by the importer into America and hence consumers in America.
It would only be if there were retaliatory tariffs for the items that physically ship from the US to the manufacturing country.
I would guess that the % of hardware cost of a camera lens or body from the US to Japan would be low.

This whole shemozle will encourage countries outside of the US to reduce trade barriers as long as anti-dumping issues can be controlled
 
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#44
David - Sydney said:
Which is strange that Australia also cops a tariff even though we have rare earths and run a trade surplus with the US…. Let’s ignore the Heard Island Norfolk Island snafu
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It would be strange if there was an actual plan. But the tariffs on islands populated by penguins or almost exclusively by US soldiers and military contractors make it pretty clear there wasn't.
 
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#45
neuroanatomist said:
It would be strange if there was an actual plan. But the tariffs on islands populated by penguins or almost exclusively by US soldiers and military contractors make it pretty clear there wasn't.
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Oh it was planned… trump said he would do it so many times during his campaign. I’m sure that AI did the maths for him and Pete.

There are no surprises there except that the bond market smacked him down. With Japan holding $1t and China with$760b of US debt they could easily dump a financial crisis in everyone’s lap. Rare earths are minor and longer term issue compared to those levers.

The explanation of America’s exorbitant privilege is insightful
https://en.m.wikipedia.org/wiki/Exorbitant_privilege

The people of Norfolk Island were similarly confused with a higher tariff of 29% than the rest of Australia.
https://www.abc.net.au/news/2025-04-04/norfolk-island-donald-trump-tariffs-confusion/105136688
 
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#46
David - Sydney said:
Oh it was planned… trump said he would do it so many times during his campaign. I’m sure that AI did the maths for him and Pete.
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Tariffs were certainly planned. The chaotic and unpredictable implementation of them seems like the lack of a plan (though it's quite possible that chaos was the plan, and if so mission accomplished). Bumping tariffs on China to 145% was reactionary, including electronics then walking that back then walking back the walkback...that doesn't sound like planning.
 
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#47
China has not only a quasi-monopol regarding the deposits of rare earth elements, but also the most experience in manufacturing. And T. is just heading to his next step in his trade war with China - tariffs on pharmaceutical products - medicine. Now you understand why this anti-vaccine Kennedy is eager to destroy CDC and NIH - only the healthy should survive. And remember, it is some time ago - 30-40 years or so- , that germany was the aopthecary of the world, now it is China.
Anybody here who thinks, that T. has no Plan? :)
 
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#48
Berowne said:
China has not only a quasi-monopol regarding the deposits of rare earth elements, but also the most experience in manufacturing. And T. is just heading to his next step in his trade war with China - tariffs on pharmaceutical products - medicine. Now you understand why this anti-vaccine Kennedy is eager to destroy CDC and NIH - only the healthy should survive. And remember, it is some time ago - 30-40 years or so- , that germany was the aopthecary of the world, now it is China.
Anybody here who thinks, that T. has no Plan? :)
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Does the plan consider the fact that most of the Vitamin A supplements sold in the US are imported from China? How else are we supposed to prevent measles?
 
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#50
Berowne said:
China has not only a quasi-monopol regarding the deposits of rare earth elements, ...
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There are other countries that have deposits of rare earths. But China sold rare earths so cheap in the past that it was not interesting to mine them somewhere else.
And nowadays, China has invested in those extra territorial mining areas. So even if you buy rare earths from out of China, China still benefits in many cases.
But you stated that before.
Anybody here who thinks, that T. has no Plan? :)
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I suppose, he has plans.
But I also suppose, that he changes plans faster than anyone can implement.
So for example:
Was it planned to lower the tariffs after three days? (maybe to enrich oneself)
Or was it a knee-jerk reaction, because the markets and China reacted other than expected?
I don't know.
I only know that I don't want to be in T.'s head or office - luckily I'm sure that I never will :)
 
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#53
David - Sydney said:
‘We don’t know if any changes in USA pricing will affect other countries as well. While there aren’t direct tariffs with Japan on cameras and lenses from say, the EU, the supply chain cost increases may have an influence on pricing outside of the United States‘

Why would tariffs that the US impose impact prices in other countries?
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1. Effects of the disruption in exports and supply chains might result in price increases. 2. Canon may choose to absorb some of the U.S. tariffs and compensate by increasing prices in other countries.
 
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#54
Does anybody remind T.'s first weeks in his first term? It was similar, he manipulated stocks with some twitter posts - and perhaps he only did it to have fun and enjoy his power. Now it seems to me, that he is much more determined to destroy everything and everybody who came across his way. My mood in thinking about this is resignative and cynical - but this is the wrong attitude. One should not be cynical.
 
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#55
P-visie said:
1. Effects of the disruption in exports and supply chains might result in price increases. 2. Canon may choose to absorb some of the U.S. tariffs and compensate by increasing prices in other countries.
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Shall we have to pay more in Europe for these wonderful MAGA tariffs?
This would be adding insult to injury.
I can only hope Canon won't let us poor innocent Europeans, Asians, Africans, Indians and Canadians pay for this stupidity! :rolleyes:
 
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#56
neuroanatomist said:
Remains to be seen. There's a new term, 'secondary tariffs', and that concept could be applied to products made in a country using components produced in another country, e.g. China. Have to wait and see what the 'semiconductor tariff' plan is...or the concept of the plan, or the inkling of a concept of a thought about a plan, or whatever...and then see if it happens...and then see if it is retracted in minutes, hours or days.
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neuroanatomist said:
Does the plan consider the fact that most of the Vitamin A supplements sold in the US are imported from China? How else are we supposed to prevent measles?
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Money does not need any humans to survive!
 
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#58
AlanF said:
Although Canon prices are of prime concern to many here, on zooming out they are not in the field of view of the problems in the world to focus on.
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Indeed, even we in Europe are hurt, but if you have businesses in Cambodia or Vietnam or work there for company which relies on exports to US, you are in trouble.
 
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#59
Canon Rumors said:
It looks like we may see Canon USA increasing prices across the board in response to the current trade-war between the USA and China. While the USA has paused the 24% reciprocal tariff on Japan, there is still a 10% tariff in place.

Read the Full Article
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The bit that's missing in so many of these articles is that the tariff is on declared import value and not retail price.
 
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#60
PhotonShark said:
The bit that's missing in so many of these articles is that the tariff is on declared import value and not retail price.
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That was addressed in a thread:
Canon Rumors said:
Unfortunately, the margins on cameras and lenses are very small. 9 to 12 points. A lot of retailers run on a negative operating margin on Canon camera and lens SKUs. Canon USA may eat a bit of it, but they are running on the same tight margins.
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The 10% tariff in place is consistent with the rumored 7-8% price increases coming soon from Canon USA, and would mean they're taking a 2-3% drop in an already thin margin to mitigate impact on customers (and thus on unit sales, presumably).
 
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