After remaining silent for several months regarding the impact of President Donald Trump’s tariffs on Chinese imports, Nikon has revealed a “necessary price adjustment” for its products, set to take effect in the US on June 23, 2025. While the company has not disclosed which imaging products will experience price hikes or the extent of these increases, it might be time to consider purchasing items like the recently released Z5 II if you’ve been contemplating it.
In a statement released on Friday, Nikon affirmed its dedication to delivering top-quality imaging products and value to customers. “In light of the recent tariffs, a necessary price adjustment for our products will take effect on June 23, 2025. We will continue to closely monitor tariff developments and may adjust pricing as needed to reflect changing market conditions. We appreciate our customers’ understanding and assure them that we are doing everything possible to mitigate the impact on our community,” the company stated.
Earlier this month, Nikon indicated during a presentation of its recent financial results that the tariffs could reduce its profits for the upcoming fiscal year by 10 billion yen, roughly equating to $70 million, according to PetaPixel.
Nikon is not alone in announcing price increases tied to the US tariffs. Last month, Blackmagic Design, based in Australia, raised its prices for digital cinema cameras, noting that the tariffs had rendered its plans to establish a factory in Dallas, Texas, financially impractical.
During Canon’s Q1 financial results announcement in late April, the company informed analysts of its intention to raise prices, stating it was “in the process of estimating the timing and amount of the increase.” Canon’s price increases will initially apply only in the US but could change depending on whether the tariffs lead to a global recession.
Other camera manufacturers, including Sony and Leica, have recently implemented price increases, while Fujifilm has temporarily halted US preorders for several models, like the budget-friendly X-M5 and the still-popular X100VI, as confirmed to DPReview in late April. Lens manufacturer Sigma has also announced upcoming price adjustments, which, similar to Nikon’s, will not take effect until June 2, 2025.
