Nikon just announced it will raise camera prices in the US — and tariffs are to blame
Nikon makes a few of the greatest cameras on the market, however these cameras are about to grow to be pricier. As appears to be the case with a number of different merchandise, divisive U.S. tariffs are to blame for the soar.
Contemplating that a few of Nikon’s high-end cameras already value hundreds of {dollars}, the thought of them costing extra is a frightening proposition for photographers.
In a statement, Nikon stated, “At Nikon, we stay dedicated to offering the highest high quality imaging merchandise and worth to our prospects.
Due to the current tariffs, a obligatory worth adjustment for merchandise will take impact on June 23, 2025. We will be rigorously monitoring any tariff developments and might regulate pricing as obligatory to mirror the evolving market circumstances. We want to thank our prospects for his or her understanding and know that we are taking each potential step to decrease the influence on our neighborhood.”
Nikon not too long ago launched monetary info (as reported by PetaPixel), stating that tariffs might end result in a ten billion yen revenue lower, equal to roughly $70 million.
As an alternative of consuming into its revenue, it seems the firm will go on the additional value to shoppers by growing prices.
Sadly, the firm did not present percentages or particular merchandise that will see worth will increase. We all know that the modifications will take impact in lower than a month, on June 23, so when you’ve been contemplating a brand new Nikon camera, you may want to act quickly.
Pricing on tech merchandise is a state of flux proper now. Between tariffs being delayed, put again on, delayed once more and solely given to sure international locations, it’s not unclear what to count on for the lengthy haul.
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