Price Hikes?

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soohyun

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Price Hikes?

PostSun Apr 06, 2025 4:58 am

Am I tripping?

I could have sworn Pyxis 12K was marketed as $5k. All the retailers list it as $5k.

But the official product page lists its MSRP as $6595.

In fact, every product on the official BMD site seems to have increased a good bit.

Trump's tariffs? If so, I guess this is US only?
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soohyun

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Re: Price Hikes?

PostSun Apr 06, 2025 5:03 am

Not that I'd be surprised. FSI also recently announced price increases due to tariffs (2-10%), but UK and EU seems to be largely spared:

https://flandersscientific.com/news/ind ... cle=040425
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Re: Price Hikes?

PostSun Apr 06, 2025 5:17 am

USA ONLY! It's Trump's Tariffs.
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Re: Price Hikes?

PostSun Apr 06, 2025 5:20 am

US only. Our country is run by a moron.
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WahWay

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Re: Price Hikes?

PostSun Apr 06, 2025 5:24 am

Yes everything will become expensive for America, cameras, lenses, memory cards, batteries, gimbals, rigs, etc, but the thing is anything that is made in America, if there are any, will be even more expensive because supply chains from overseas will increase in costs plus you have local wages cost which is higher than anywhere else you are importing from. This is it, America is finished.
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soohyun

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Re: Price Hikes?

PostSun Apr 06, 2025 5:37 am

I'd think an announcement from BMD should be in order, considering how widely that price point was shared in marketing for the new Pyxis.

Off note, there's no way these tariffs will stand for long, as is. Public backlash will be phenomenal once costs start rising
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WahWay

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Re: Price Hikes?

PostSun Apr 06, 2025 5:40 am

I heard Xi Jinping is offering Trump political asylum in China as Americans revolt ;)
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StrongOnline007

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Re: Price Hikes?

PostSun Apr 06, 2025 5:45 am

soohyun wrote:I'd think an announcement from BMD should be in order, considering how widely that price point was shared in marketing for the new Pyxis.

Off note, there's no way these tariffs will stand for long, as is. Public backlash will be phenomenal once costs start rising


They announced it on Facebook. And the update prices are on the Blackmagic website.
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Howard Roll

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Re: Price Hikes?

PostSun Apr 06, 2025 5:48 am

StrongOnline007 wrote:US only. Our country is run by a moron.


Putin is intelligent and knows exactly what he’s doing.

Good Luck
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timbutt2

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Re: Price Hikes?

PostSun Apr 06, 2025 6:01 am

StrongOnline007 wrote:US only. Our country is run by a moron.
I just hope Congress takes away the Tariff power from the Executive Branch. Basically prevent the orange moron from being able to wield it.

But if we go into another Great Depression we know who to blame. It should be called the Great Trump Depression.


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Jeffrey D Mathias

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Re: Price Hikes?

PostSun Apr 06, 2025 11:03 am

Seems silly to have a tariff on cameras and lenses when such are not made in the USA. Hum let's see, there was Kodak, Baush & Lomb, a couple large format field cameras... no current manufacturers of movie cameras... or lenses, maybe a few accessories are made in USA (not just warehoused here and made elsewhere.) Hum, on the other hand maybe I can increase my rates and no one will notice.

Hey, let's look on the bright side: Now all our gear is worth more. Maybe time to look at selling some of that backup stuff.
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Jeffrey D Mathias

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Re: Price Hikes?

PostSun Apr 06, 2025 11:04 am

Jeffrey D Mathias wrote:Seems silly to have a tariff on cameras and lenses when such are not made in the USA. Hum let's see, there was Kodak, Baush & Lomb, Polaroid, a couple large format field cameras... no current manufacturers of movie cameras... or lenses, maybe a few accessories are made in USA (not just warehoused here and made elsewhere.) Hum, on the other hand maybe I can increase my rates and no one will notice.

Hey, let's look on the bright side: Now all our gear is worth more. Maybe time to look at selling some of that backup stuff.
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Aaron Green

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Re: Price Hikes?

PostSun Apr 06, 2025 11:18 am

Damn. I preordered through B&H Friday and paid $4995. Are they going to require $1500 more when it ships?
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Re: Price Hikes?

PostSun Apr 06, 2025 12:05 pm

Well folks, that's it. I think we will all realize that whatever camera we have now is good enough. The US tariffs are going to clamp down all my new purchases, and I will even sell a bunch of camera gear I currently own. I already have seen in the last couple of months jobs cancelled or postponed. Things started to pick up a little on the calendar recently, but I see the probability my clients will cancel projects in the coming weeks, as they will rush to preserve capital. This is serious. Goodby Pyxis 12K dreams. Hello soup kitchen.
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Alan Rand

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Re: Price Hikes?

PostSun Apr 06, 2025 12:21 pm

And factory direct takes the hardest hit. Companies like SmallRig who were paying zero tax for shipments under $800 under De minimis are now hit with the full 54% when shipping from China.

Are we having fun yet?
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rick.lang

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Price Hikes?

PostSun Apr 06, 2025 12:48 pm

Alan Rand wrote:And factory direct takes the hardest hit. Companies like SmallRig who were paying zero tax for shipments under $800 under De minimis are now hit with the full 54% when shipping from China.

Are we having fun yet?
This is very consequential for these relatively small purchases of assessories. Canada’s limit on free shipments is very small compared to the US (not sure but it might be $80) so US residents enjoyed a great advantage that is disappearing.

Liberation Day. The Golden Age. Let’s Make a Deal approach or your company or your sovereign country (here’s looking at Canada and Greenland) will perish.

This is a return of The Gilded Age after 155 years which was not an age of wealth generation as you might think; it was an age of innovation that flourished due to corruption at all levels and entrenched monopolies or oligarchies while crushing dissent with force and burying competition.
Last edited by rick.lang on Sun Apr 06, 2025 2:13 pm, edited 1 time in total.
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Re: Price Hikes?

PostSun Apr 06, 2025 12:53 pm

The interesting thing is that the Ursa Cine only went up $600. Its country of origin must be different. So now in the US it's only a $1100 difference between that and the Pyxis 12k. Assuming these prices last, you're going to really need a smaller/lighter form factor to want to buy the Pyxis over the Ursa Cine.

Also, I wonder if already placed pre-orders from B&H will honor the original price or not. I guess we'll find out. It's still marked at the original price on there so might be worth putting a pre-order in before it changes if you're thinking about it.
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Re: Price Hikes?

PostSun Apr 06, 2025 1:31 pm

The Cine price probably won't last. My guess is there must be a stockpile of Cine already in warehouses in America or somewhere not subject to the high tarrifs. Even possible that BMD is willing to shoulder some of the cost of tarrifs of the Cine to honour the stocks already finished manufacture but will end it when new stocks goes into production.
Unlike the Cine the Pyxis 12k have not shipped from its Indonesian warehouse so the full tarrif applies.
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Adam Langdon

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Re: Price Hikes?

PostSun Apr 06, 2025 2:03 pm

Yeah, I’m gonna have to be happy with my Pyxis 6k for a while.
It still is a great camera, but man, what a ridiculous situation.

It introduces uncertainty in not only the gear world but the jobs/gigs I’m gonna take. The majority of my work is based on grants and SO many clients have paused projects due to freezes. This will only make my career more up and down.

I guess there’s always driving for Amazon…
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Re: Price Hikes?

PostSun Apr 06, 2025 2:25 pm

In the UK if not VAT exempt we pay near enough the same price at $6460 for the Pyxis 12k. Americans had it easy for too long.
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Re: Price Hikes?

PostSun Apr 06, 2025 2:26 pm

Adam Langdon wrote:Yeah, I’m gonna have to be happy with my Pyxis 6k for a while… It introduces uncertainty in not only the gear world but the jobs/gigs I’m gonna take. The majority of my work is based on grants and SO many clients have paused projects due to freezes. This will only make my career more up and down…


Just today Bloomberg published their trade uncertainty index going back to around 2008. The index has literally gone through the roof this year with values many times higher than Trump’s first presidency. All other years had extremely low values.

Some people expect uncertainty due to trade protectionism to go on for years. In 1930 the US began a period of rising protectionism that directly prolonged the Great Depression. Protectionism against Germany in the 30s contributed to the rise of the Third Reich according to the author of The Rise and Fall of the Third Reich reported by Bloomberg News.
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Alan Rand

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Re: Price Hikes?

PostSun Apr 06, 2025 2:33 pm

WahWay wrote:The Cine price probably won't last. My guess is there must be a stockpile of Cine already in warehouses in America or somewhere not subject to the high tarrifs.


The Cine 12K is backordered everywhere I have checked. We are considering adding a second. Possibly they have a group on the water? It's a different deal when you're pricing something that is a pre-order.

I saw that Nintendo canceled all pre-orders on their new switch device. Crazy times.
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Price Hikes?

PostSun Apr 06, 2025 4:57 pm

Canada doesn’t have a tariff on cameras or lenses since we don’t manufacture them ourselves. There’s a tiny environmental tax for recycling.

Exchange rate was over $1.40 but the Canadian dollar is surging since the USD has been hammered due to tariffs and fear of economic collapse.

Pyxis12K:

Vistek and AVShop Canada $7,445 CA
- this is likely to drop lower as it’s a $1.49 exchange rate that isn’t realistic

Annex Pro - I need to call this week for a quote on the Pyxis.
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Re: Price Hikes?

PostSun Apr 06, 2025 5:05 pm

Hope you’re all feeling liberated !

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Re: Price Hikes?

PostSun Apr 06, 2025 5:09 pm

John Brawley wrote:Hope you’re all feeling liberated !

JB


I can't take any more winning.
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rick.lang

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Price Hikes?

PostSun Apr 06, 2025 5:11 pm

Yes, nothing quite like it, if you define liberated as being free from rational thought and the rule of law.

I have no doubt the only chance there will be a return to sanity is the Supreme Court which will likely need to rule on a court case that seeks to invalidate these tariffs that are ‘justified’ by an act that doesn’t mention tariffs. It’s a grey area and no one can predict if the court will strike all tariffs issued by the Executive Branch when tariffs have always been the responsibility of the Legislative Branch and those are influenced and limited by international conventions.
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Re: Price Hikes?

PostSun Apr 06, 2025 5:25 pm

John Brawley wrote:Hope you’re all feeling liberated !

JB


Liberated from your cash :lol:
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Re: Price Hikes?

PostSun Apr 06, 2025 5:38 pm

This is frightening. The administration misinterpreted a formula to calculate these reciprocal tariffs by using retail prices of goods instead of the import price of goods.

“For example: Corinth and Veuger write that if the tariffs had been calculated correctly, with the same ultimate goals in mind but using the right kind of elasticity figure, the levy on a country like Vietnam would have been 12.2% and not 46%.”

That’s a huge discrepancy and could well spell doom as the exceedingly high tariffs won’t produce the desired economic effects, experts maintain.
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Re: Price Hikes?

PostSun Apr 06, 2025 6:11 pm

So lens and camera companies actually in the USA? I know Panasonic and RED. But do they actually manufacture here in the US? I don't think so.

Otherwise, all camera and lens companies are overseas. This is definitely the worst economic policy for people in our industry.

A reminder, I opposed Trump back in 2011. This Facebook post has aged in a weird way.
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Re: Price Hikes?

PostSun Apr 06, 2025 7:08 pm

I would say watching NAB updates are a bit depressing as I’m seeing gear that looks really great only to know that it’s probably out of my price range.
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Re: Price Hikes?

PostSun Apr 06, 2025 7:50 pm

Legit question though, ignoring that Brawley crows in delight at American misfortune: hasn't Blackmagic always been confronting and calculating into their retail prices for each country a variable markup depending on these reciprocal principles? Thus, as to what Japanese customers were going to pay for a PYXIS 12K and still will, for example, weren't tariffs going in both directions between Japan and Down Under, and wasn't that already "eaten" within the launch price for Japan? Exacting the literal relative increase starting from a zero baseline as to the USA, compared to other countries where existing tariffs have been part of the ongoing calculus, seems potentially punitive or even political as to only the USA. (Subject to verification; "sunlight is the best disinfectant.")
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Re: Price Hikes?

PostSun Apr 06, 2025 8:28 pm

focuspulling wrote:… Brawley crows in delight at American misfortune…


John’s remark is not to be taken literally; he’s being sarcastic and throwing shade on the designation of a Liberation Day that he knows is anything but liberating. That term has been used historically where it could be considered literally.
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Pete Tomkies

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Re: Price Hikes?

PostSun Apr 06, 2025 10:05 pm

focuspulling wrote:American misfortune

It's not misfortune. Americans chose this path, in full knowledge of what would happen. Time after time, economists warned of the impact of tariffs, but Trump's supporters just shouted "fake news".
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Re: Price Hikes?

PostSun Apr 06, 2025 10:54 pm

John Brawley wrote:Hope you’re all feeling liberated !

JB


:lol:

I don't want to cross-post, so here's my $0.02 U.S. I posted yesterday over in the L-mount forum:
https://l-mount-forum.com/community/thr ... post-16355

Cheers.
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Re: Price Hikes?

PostMon Apr 07, 2025 12:15 am

It's a reciprocal tariff. It's a response to the tariff that comes its way.
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Re: Price Hikes?

PostMon Apr 07, 2025 12:26 am

ricardo marty wrote:It's a reciprocal tariff. It's a response to the tariff that comes its way.
Countries imposing tariffs upon each other is a nearly universal practice between developed nations and their respective economies. Yet the price points of retail products like this have stayed fairly close anyway, between those markets. This price adjustment against the USA, by a significant relative margin, exceeds that practice (from a zero basis that never existed). It's possible to oppose the USA tariffs -- as I do -- but critique the extent to which international corporations react disproportionately based on flashpoint changes to their bottom lines after decades of asymmetry.
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Re: Price Hikes?

PostMon Apr 07, 2025 1:17 am

I must say, BM is the first company I know to have officially raised prices from the tariffs. I think the rest are waiting to see what happens, calling Trump's bluff.

If it's not a bluff, well, I'll be able to weather it. Those poor fools who wanted this, though...
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Aaron Green

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Re: Price Hikes?

PostMon Apr 07, 2025 1:24 am

ricardo marty wrote:It's a reciprocal tariff. It's a response to the tariff that comes its way.


That’s the talking point from the administration, but it’s ********. That chart that Trump held up with numbers like 38% was the trade deficit divided by two. Absolutely nothing to do with tariffs. In fact, the US by average pays a 2.3% Tariff across all countries.
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Re: Price Hikes?

PostMon Apr 07, 2025 1:28 am

ricardo marty wrote:It's a reciprocal tariff. It's a response to the tariff that comes its way.


Trump's tariffs are not "reciprocal" at all. Trump's "formula" looks at the trade imbalance between the U.S. and country X, without respect to any other consideration (what they produce, what we produce, whether there's a demand in either country for the products of the other, whether country X has the means to buy "American", etc.) and decided to make up the difference with a tariff.

One result is absurdly high tariffs applied to exceedingly poor countries, which will *never* be able to import as much as they export to the U.S.. A good example is Lesotho, which makes denim for jeans for U.S. manufacturers. It now faces a 50% tariff, because Trump insists they have to buy from us as much as they sell. Maybe he wants them to buy his $399 Trump-branded sneakers? Or maybe his $60 bible, since the sneakers would be nearly 6 months wages in a country with under $1000 per capita income?

Meanwhile, entire industries in the "first world" are "pausing" (i.e., shutting down) because they have no idea whether they'll be able to get parts and supplies.

Interestingly, some economists asked Chatgpt and Claude AI, etc., what "they" would do to "fix" tariffs, and they came up with Trump's lunatic formula. So we know where he got it....
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Re: Price Hikes?

PostMon Apr 07, 2025 1:32 am

Pete Tomkies wrote:
focuspulling wrote:American misfortune

It's not misfortune. Americans chose this path, in full knowledge of what would happen...


Pete, with respect to you and the people of the United States, Trump’s obsession with tariffs is largely due to the misinformation and relentless lobbying of only one person: his billionaire unelected advisor that is way out of his depth, Peter Navarro. If we speak of Americans, that surely includes the Congress that has been ignored by the Executive Branch doing an end-run on the Legislative Branch. Trump is surrounded by sycophants that are terrified of the consequences they face if they are not showing full and vocal support for Trump’s policies. Much as I’m not fond of Elon Musk, he is the only unelected billionaire advisor that is heatedly opposed to the extent of the tariffs imposed on much of the world. It seems he’s not afraid to speak his mind at least.
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John Paines

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Re: Price Hikes?

PostMon Apr 07, 2025 1:40 am

Actually, Trump has been obsessed with tariffs for 40 years..... In his crude transactional mind he's convinced other countries are "ripping us off", despite the fact that "we" (i.e., corporate America) wrote the trade agreements to our own advantage. And he's oblivious to trivial interests like stability, the needs of developing markets and not impoverishing other countries for the fun of it, because they insulted your comb-over. Or because they won't agree to become the 51st state, to be ruled by Trump forever more.

How long it will last is the interesting question. The billionaires who supported his election are having second thoughts.... The markets lost trillions on Friday and are up for another trillion tomorrow, based on the futures markets. They won't put up with it much longer.
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rick.lang

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Price Hikes?

PostMon Apr 07, 2025 1:51 am

ricardo marty wrote:It's a reciprocal tariff. It's a response to the tariff that comes its way.
When I heard the planning for reciprocal tariffs I clearly thought it meant if a country had a say 10 per cent tariffs on all or a portion of US goods, and the US had no previous tariff on that countries goods, then the US would impose an equal tariffs on that country.

However that was my naïve assumption. The actual US April 5, 2025 tariffs being imposed by a formula that makes no reference to that country’s tariffs. it only refers to the current retail value of the trade imbalance between the countries.

To make it simple, let’s pretend that China exports $100 in goods to the US while the US only exports $50 to China. The “reciprocal’ is calculated to level the value of the trade between the countries such as 50%. So my understanding is the goal is the US total benefit would be $100 to match the benefit to China. This is just illustrative to show it’s based on trade values not other countries tariffs on the US. And the reciprocal tariff is added to any other tariff that was implemented April 3, 2025! And any unresolved issues such as the softwood lumber tariff imposed on Canada’s goods will be determined shortly and added to existing tariffs. So it does get crazy adding up multiple tariffs on a country. It’s all massive intimidation designed to destroy other countries economies such as Canada so Canada can become the cherished 51st state of the US.

Edit
I just saw several other posts basically saying the same thing so I wouldn’t have posted this just finished working and trying to catch up).
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John Brawley

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Re: Price Hikes?

PostMon Apr 07, 2025 2:18 am

ricardo marty wrote:It's a reciprocal tariff. It's a response to the tariff that comes its way.


No it’s not.

There’s a free trade agreement between Australia and the US. Except now there’s a 10% tariff on Australian originating goods.

Thats not reciprocal.

And the rate is not reciprocal.

I mean they put a 10% tariff on an uninhabited island. Only penguins. Thats not policy. That’s asking chat GPT to give you a list of every territory that you can put a tariff on.

https://www.thecut.com/article/trump-ta ... -meme.html

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rick.lang

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Re: Price Hikes?

PostMon Apr 07, 2025 2:24 am

Penguin protesters. I see Penguin costumes selling well for Hallowe’en this year.
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ricardo marty

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Re: Price Hikes?

PostMon Apr 07, 2025 2:56 am

John Brawley wrote:
ricardo marty wrote:It's a reciprocal tariff. It's a response to the tariff that comes its way.


No it’s not.

There’s a free trade agreement between Australia and the US. Except now there’s a 10% tariff on Australian originating goods.

Thats not reciprocal.

And the rate is not reciprocal.

I mean they put a 10% tariff on an uninhabited island. Only penguins. Thats not policy. That’s asking chat GPT to give you a list of every territory that you can put a tariff on.

https://www.thecut.com/article/trump-ta ... -meme.html

JB
Countries need tariffs to make money. Australia should reciprocate by imposing tariffs. 10% is really nothing at all.
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John Brawley

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Re: Price Hikes?

PostMon Apr 07, 2025 3:00 am

ricardo marty wrote:
Countries need tariffs to make money. Australia should reciprocate by imposing tariffs. 10% is really nothing at all.


Right. So confirmed you don't actually know what reciprocal means then.

And there's plenty of ways to make money from trade that don't involve artificially tilting the scales and stifling innovation.

JB
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ricardo marty

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Re: Price Hikes?

PostMon Apr 07, 2025 3:03 am

John Paines wrote:Actually, Trump has been obsessed with tariffs for 40 years..... In his crude transactional mind he's convinced other countries are "ripping us off", despite the fact that "we" (i.e., corporate America) wrote the trade agreements to our own advantage. And he's oblivious to trivial interests like stability, the needs of developing markets and not impoverishing other countries for the fun of it, because they insulted your comb-over. Or because they won't agree to become the 51st state, to be ruled by Trump forever more.

How long it will last is the interesting question. The billionaires who supported his election are having second thoughts.... The markets lost trillions on Friday and are up for another trillion tomorrow, based on the futures markets. They won't put up with it much longer.


Us companies have migrated to other countries, and he is trying to bring them back. It's so easy to understand.
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ricardo marty

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Re: Price Hikes?

PostMon Apr 07, 2025 3:05 am

Aaron Green wrote:
ricardo marty wrote:It's a reciprocal tariff. It's a response to the tariff that comes its way.


That’s the talking point from the administration, but it’s ********. That chart that Trump held up with numbers like 38% was the trade deficit divided by two. Absolutely nothing to do with tariffs. In fact, the US by average pays a 2.3% Tariff across all countries.


Maybe with some countries, but you can't average this out, it doesn't work that way. Sooner or later thing will sort out.
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Daniel Rheaume

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Re: Price Hikes?

PostMon Apr 07, 2025 5:10 am

I'm perplexed by this price increase.
I have no interest in the political side of things, purely the numbers.

My understanding is that Australia will currently be paying a 10% tariff.
However, the increase from $4,995 to $6,595 is actually a price increase of about 32%.

I'm curious how Blackmagic has decided on this number, and if there is actual math behind it I'm missing, or if it's more of a political statement? If the latter, I'd be genuinely shocked, because I have touted blackmagic as one of the most consumer empowering companies I've ever seen. So this is really odd.

In any case, this is a real bummer.
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Fabián Aguirre

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Re: Price Hikes?

PostMon Apr 07, 2025 6:06 am

Daniel Rheaume wrote:I'm perplexed by this price increase.
I have no interest in the political side of things, purely the numbers.


This isn't the first time I read a comment like this, and it's usually from someone based in the US. Perplexed by the price increase, but uninterested in the cause. Everything is politics, whether your privilege allows you to realize it or not.

Trump's tariffs vary by country. China 34% (effectively now 54%), Japan 24%, Vietnam 46%, Taiwan 32%, and so on. BMD either manufactures or assembles some of its cameras in some of these countries, or some of its parts come from these countries. It's not just about where BMD is based.

So, yeah, there is no math without the politics.
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