Feed: Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics
Feed Link: https://www.engadget.com/
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Title: Nikon joins other camera manufacturers in raising prices due to
tariffs

Date: Tue, 27 May 2025 12:00:11 +0000
Link: https://www.engadget.com/cameras/nikon-joins-...

Nikon has announced that it will increase prices on its photography products
in the US due to tariffs, joining other camera manufacturers including Canon,
Blackmagic Design and Leica in doing so. It hasn't yet shared which products
will be affected, but several outlets have received word from dealers that
the changes will mostly affect lenses and accessories manufactured in China.

"Due to the recent tariffs, a necessary price adjustment for products will
take effect on June 23, 2025," the company wrote last week. "We will be
carefully monitoring any tariff developments and may adjust pricing as
necessary to reflect the evolving market conditions. We wish to thank our
customers for their understanding and know that we are taking every possible
step to minimize the impact on our community."

The development comes from Trump's recent tariffs affecting electronic goods,
with Nikon noting that the increase could cut its operating profit by around
$68 million. Canon, the worldwide leader in camera sales, said in its
earnings report last month that it would raise prices soon. Fujifilm recently
paused US preorders for several models including the X-M5 and X100 VI.

Other electronics companies, including Acer and DJI, also recently announced
US-only price hikes. In its latest earnings report, Sony said it expects to
seller fewer PS5s and expects a $700 million tariff-related revenue hit.

These increases could just be the beginning. Nikon builds its products in
multiple countries affected by US tariffs, including China, Thailand and its
home country, Japan. Unless those nations can negotiate new tariff terms
before the end of Trump's 90-day pause, they could be subject to drastically
higher rates by July ΓÇö which would in turn prices for Nikon and many other
camera manufacturers.

This article originally appeared on Engadget at
https://www.engadget.com/cameras/nikon-joins-...
raising-prices-due-to-tariffs-120011854.html?src=rss

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