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Price Problems: Trump’s Tariffs Force Fujifilm, Sony, Canon, Nikon, And Others To Raise Prices

Price Problems: Trump’s Tariffs Force Fujifilm, Sony, Canon, Nikon, And Others To Raise Prices

Imaging Recource Brands
President Trump’s tariffs appear to be terrible for camera companies, and, by extension, consumers and photographers, since for the past several months, nearly all the major camera makers have been forced to announce price increases. The tariffs have been put in place to ensure “balanced trade through a predictable tariff framework,” the White House says, and “as part of this agreement, imports from Japan will be subject to a baseline 15% tariff rate.” How have the major camera companies responded? Some, like Nikon and Sigma, have issued statements on the increases and when they would...
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