Browsing: 24% tariff

Former President Trump’s proposed 24% tariff on Japanese imports could significantly affect camera and lens prices in the U.S. Market analysts warn that this policy may lead to increased costs for consumers, disrupting the photography industry supply chain.

In a significant trade move, President Trump has announced plans to impose a 24% tariff on imports from Japan, with a minimum 10% tariff affecting all countries. This decision aims to address trade imbalances and protect domestic industries, raising concerns among global trade partners.