Just what we all needed. All the necessities of course are more important, but this will pretty well kill any discretionary spending on photography. As if prices had not gone up enough. Lusting has just gone out the window.
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Oh great, prices on photo equipment will increase with tariffs!
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Skeeterbytes
Forum Pro
OMS should be safe, making cameras and lenses in Vietnam.
Guess we'll find out but regardless, LOTS of camera gear comes from China, including more generic things like flashes and filters, batteries and tripods.
"May you live in interesting times" remains a curse.
Rick
Guess we'll find out but regardless, LOTS of camera gear comes from China, including more generic things like flashes and filters, batteries and tripods.
"May you live in interesting times" remains a curse.
Rick
They would be safe is they are shipped directly from Vietnam to US or Vietnam to Canada. If they cross the border between Mexico and US or US and Canada they will be subject to a tariff.
Edward Lowy
Forum Enthusiast
The inevitable consequence of moronic economic "policies".
cba_melbourne
Veteran Member
The effects for consumers in the US are the same, than a VAT or GST tax would have. Many countries have pretty high VAT. UK 20%, Germany 19%, Norway Denmark and Sweden 25%, Finland 25.5%, Greece 24%.... So US photographers would be the same off as say Norwegian or Greek photographers already are. Maybe a little worse if the existing state sales taxes remain.
Maybe the whole tariff strategy, is just a sneaky way to introduce an unpopular VAT tax. A few years down the track the tariffs are then replaced by a VAT, and nobody will care as the prices will remain unchanged.
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But what about the dam eggs? ;-)
cba_melbourne
Veteran Member
Absolutely. Each country has the freedom to decide for itself what it wants to do with it's tax revenue. In Australia we are proud of our essentially free and quite good Medicare, heavily subsidized medication prices, an age pension, compulsory superannuation etc etc etc. An old saying goes: each country has exactly the government that it deserves.
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Bear a thought for those living in countries where VAT/GST is charged. They have been paying "too much" for their wonderful camera gear for years. Especially when everything is priced in US$ and their own currencies have been undervalued.
Talk about tears of blood? I expect that the US market will do much the same as the rest of the world - just get used to it.
Talk about tears of blood? I expect that the US market will do much the same as the rest of the world - just get used to it.
Precisely
cba_melbourne
Veteran Member
The only difference could be, that instead of spending the windfall revenues for useless social stuff, it may be used for tax cuts to the already super rich.
cba_melbourne
Veteran Member
Learn to keep your own hens
You need to provide them with a secure coop, a safe outdoor area, a balanced diet of fresh food scaraps and water, regular cleaning of their living space, and keep the foxes away. They make good pets for the kids too. And photographic opportunities right in your backyard, no need for extreme tele lenses and bird detect AF either, you can even use your UWA lens...
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J
jjbinx
Guest
If their global prices (with exchange rates) are based on the retail price in the US (before state taxes) then might that mean that global retail prices will also rise ?
Or could the makers see this as a ‘sneaky’ opportunity to raise price’s everywhere?
jj
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cba_melbourne
Veteran Member
Less free trade always and invariably means higher prices for everybody everywhere = less available money at the end of the month. And less product choice.
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J
jjbinx
Guest
Somebody must be getting the $thousands wiped from my pension fund as Wall St took another dive today. And what will the market make of DJT’s address tonight. Will it open down even further tomorrow . . . not a good time to be retired and anything like a new camera is fading further out of reach
I think aid better double down on more BLH-1 batteries for my E-M1III - a long cold winter of belt tightening is coming
jj
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cba_melbourne
Veteran Member
Inflation is like a tax, because it reduces the value of money and redistributes wealth from savers to borrowers
But that spending was necessary to soften the impact of covid, which would otherwise have caused a depression and social unrest. We are still paying today and years to come for the cost that covid caused.
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mring1
Senior Member
These tariffs are a bully's bludgeon. Tariffs are designed to stimulate domestic production to replace imports, or at least, discourage reliance on imported goods.
Not even REMOTELY the purpose of a VAT.
Not even REMOTELY the purpose of a VAT.
cba_melbourne
Veteran Member
Not the same purpose. But the same effect.
The purpose as I see it, is to try to make others pay for your own failures. It has not worked in the past. It is unlikely to work now. There are no winners in the tariff game, only losers.
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Yes, it is the worst tax.
No, prices increased to uncontrolled speculation (food, energy)
Returning to photography: decreasing sales make products more expensive, because cost of R&D have to be paid for nevertheless.
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