Tariffs have been quite a challenge for many manufacturers around the world. Despite the 90-day pause, many countries have to pay a standard 10% tariff on their goods being sold in the US, with China standing at 30%.
With the announcement of tariffs, several camera manufacturers announced a price increase. We have already reported on Leica's response to the policy, with the price hike going up as much as 90%. Canon also reported a hike, but it has not yet officially reflected on retail sites.
Leica was among Fujifilm, Canon, and Sigma, which have declared the increase in prices of gear due to Donald Trump's declaration of tariffs. While the company didn't reveal how much the prices will grow, there is now a clear indication that the company has seen both a minor and major increase in the prices of gear.
Since the announcement of tariffs, things have been shaky across various industries. Rising prices and an uncertain future are some of the factors that are affecting business, with the brunt being the most on smaller businesses.
As PetaPixel reported last week, Leica's prices are increasing in the United States thanks to tariffs. The scale of the price increase is, in some cases, extreme. Certain Leica products are nearly twice as expensive now. [Read More]
One of the challenges that photographers face today is the rising price of cameras and lenses. Before the Donald Trump administration announced tariffs, camera prices were already high, thanks to inflation and the cost of sensors and metals.
Canon continues to grow as a billion-dollar business. The company has finally revealed its financial report for Q1 2025, and things are looking up for them. It also means that people are still keen on buying more mirrorless cameras, with the report highlighting a positive trend in the camera market.
Most camera companies have elected to remain quiet about how new tariffs are affecting supply chains in the United States, but Canon Japan finally spoke on the issue during a question-and-answer period following its 2025 first-quarter financial results. [Read More]
Canon users are always keen to know what the company is up to every new quarter of the financial year. Sometimes, Canon launches cameras and lenses that become instant hits; other times, they may stir some controversy.
As photographers, we are often interested in knowing the gear a person is using. Which sensor does one rely on? What lens did this person use to get that stunning portrait? Or what was the setting to capture raindrops or thunderstorms with an APS-C camera? We understand the importance of being up-to-date about gear, and we have been finding ways to help you with that.
Earlier this month, Fujifilm announced the Instax mini 41 instant camera but due to the tumultuous nature of President Donald Trump's tariff announcements, did not release pricing information.
Blackmagic Design announced a bunch of new products and services at NAB 2025 last Friday, including the feature-packed new DaVinci Resolve 20 and the Blackmagic Pyxis 12K cinema camera.
Apple may be forced to hike the price of its iPhone as a result of the global trade tariffs announced by President Donald Trump. [Read More]
President Donald Trump finally imposed tariffs by the US government on various countries around the world. This comes shortly after the administration imposed tariffs on Canada, Mexico, and China in February.
Recently, Donald Trump achieved what he had said during his presidential campaigns: tariffs on imported products. One of his key goals is to promote American-made products, ensure national security, and leverage economic power over other nations.
Nikon's latest financial results outline a significant drop in operating profit year-over-year, due mainly to significant one-time costs. The company also says that tariffs could reduce its profit for the current fiscal year by nearly $70 million. [Read More]
Sony detailed its fourth-quarter 2024 financial results today, reflecting a 24% decline in year-over-year consolidated sales. However, Sony's imaging-related segments held steady.
People are "panic buying" iPhones at Apple stores over fears of possible price hikes, as a result of the sweeping round of global trade tariffs announced by President Donald Trump. [Read More]