Sony lens price increases by $200 – is the US-China trade war to blame?

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Sony lens price increases by $200 – is the US-China trade war to blame?

Sony lens price increases by $200 – is the US-China trade war to blame?

As Olympus and GoPro move production out of China, is the price hike on a Sony lens due to the US-China trade war?

In an unwelcome move for Sony fans, the Sony FE 135mm f/1.8 GM lens has had a $200 price increase from $1,898 to $2,098. But is this a one-off occurrence related to a singular Chinese-produced Sony lens, or is it a far more troubling sign of things to come?

Rumor website Sony Alpha Rumors comments that "this is the first time I've ever seen something like this from Sony" and questions whether this price hike could actually be due to the US-China trade war. Could this be the case? Well, let's find out.

On March 22, 2018, President Trump signed a memorandum instructing the USTR (United States Trade Representative) to apply tariffs of $50 billion on Chinese goods, stating that this was due to Chinese theft of US intellectual property. China then retaliated with their own plans to implement tariffs on 128 US products.

What's occurred since then has essentially been a tit-for-tat that leaves us in August 2019 with China having ordered all state-owned enterprises to stop buying $20 billion worth of US agricultural products, and the US having announced that $250 billion worth of Chinese products will be subject to a tariff.

Read more...

https://www.digitalcameraworld.com/news/sony-lens-price-increases-by-dollar200-is-the-us-china-trade-war-to-blame

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