kiwidad Posted May 11 Share #41 Posted May 11 Advertisement (gone after registration) 14 hours ago, Helge said: If the retailer will make the same cut, a 10% tariff will cause a 10% price increase. You would be correct except the retailer doesn’t purchase directly from Leica Germany and therefore doesn’t pay the tariffs to customs. He pays an importer who pays the tariffs and sells wholesale for a price greater than 10% more to protect their margin Link to post Share on other sites More sharing options...
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Helge Posted May 11 Share #42 Posted May 11 The retailer pays at least the tariff as add-on. The importer may or may not ask for more than the tariff (for whatever reason), at the end store prices for Leica cameras will see a major hike due to tariffs and exchange rate increases. Link to post Share on other sites More sharing options...
kiwidad Posted May 11 Share #43 Posted May 11 16 minutes ago, Helge said: The retailer pays at least the tariff as add-on. The importer may or may not ask for more than the tariff (for whatever reason), at the end store prices for Leica cameras will see a major hike due to tariffs and exchange rate increases. I wouldn’t call the new prices, with the exception of accessories ( and the d-lux) a major hike! retail prices set by Leica in the us seem to not change frequently with exchange rate changes. as I said before, the probability is if you can afford a $8k camera an increase of 10% isn’t going to prevent a purchase! Link to post Share on other sites More sharing options...
Helge Posted May 11 Share #44 Posted May 11 Maybe not yet for all products, however yet to come. Especially once the grace period for Europe runs out and the additional 35% kick in... Same for upcoming exchange rate increases. Sure, Retailers usually don't adjust prices frequently dur to exchange rate increases, however once this hits >20%, they will. Link to post Share on other sites More sharing options...
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