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After quietly remaining about how Donald Trump’s tariffs on Chinese goods will affect business, Nikon announced a “required price adjustment” for products that will come into effect in the United States from June 23, 2025. that.
“At Nikon we are still committed to providing our customers with the highest quality imaging products and value,” Nikon said. The statement was posted on Friday. “Recent tariffs will ensure that the price adjustments required for the product will take effect on June 23, 2025. We can carefully monitor the development of tariffs and adjust pricing as needed to reflect the evolving market situation. We would like to thank our customers for their understanding and know that we are taking every step to minimise our impact on our community.”
Earlier this month, during a presentation by the company sharing its latest financial results, Nikon I said (PDF) Tariffs could reduce profits next year by 10 billion yen, or about $70 million. reported by Peta pixels.
Nikon is not the first or only camera gear company to announce price increases as a result of US tariffs. Australia-based Blackmagic Design announced last month that it began charging more digital cinema cameras, and that tariffs could not be financially implemented with plans to build a factory in Dallas, Texas.
During the release of its first quarter financial results in late April, Canon told analysts it plans to raise prices, “in the process of estimating the timing and quantity of increases.” According to dpreview. The company also said price increases would be limited to the US, but that could change if tariffs caused a wider global recession.
Other camera manufacturers that have recently increased their prices include Sony Leica has temporarily suspended pre-orders for several cameras from the budget-friendly X-M5, the still popular X100VI, and The The The The The Camera The company said dpreview Late April. There is also Sigma, a lens manufacturer. Price adjustments announcedhowever, like Nikon, they will not be enforced immediately and will instead begin on June 2, 2025.