In Might, we reported that Canon had warned it will want to lift its costs within the U.S. Sadly, it appears to be like like that day has arrived. A number of of the corporate’s merchandise have seen huge will increase on the retail stage.
What did Canon say?
Canon revealed the superior discover of value will increase in a abstract of questions and solutions following its 2025 first quarter Analyst Assembly. The corporate defined that the worth rises solely impacted the U.S. and have been because of the tariffs launched by President Trump. Nonetheless, Canon additionally stated that it had stock that was imported earlier than the tariff price elevated. Consequently, the corporate predicted that “the impression of tariffs will primarily happen from the latter half of the yr.”
New costs
It’s not straightforward to get a full image of the upper costs, as Canon usually runs promotions and different reductions. Nonetheless, these are a number of the will increase we now have seen on Canon’s mirrorless cameras.
- Canon EOS R3 – This digital camera has jumped in value from $3,999 to $5,399, an eye-watering $1,400 (35%) value hike.
- Canon EOS R1 – The flagship R1 mirrorless digital camera is up $500 to $6,799 (round 8% improve)
- Canon EOS R6 Mark II – The price of the R6 Mark II has risen from $1,999 to $2,199. Nonetheless, this could possibly be because of the removing of a $200 low cost supply, relatively than a tariff-driven value improve.
- Canon EOS R5 Mark II – On the time of writing, the R5 Mark II remains to be out there at its launch value of $4,299, however once more a $200 financial savings promotion has ended.
Lens value will increase
It’s not simply Canon’s digital camera our bodies which were hit with value rises. Lots of the firm’s lenses will now value you extra to purchase.
- Canon RF 24-105mm f/4 L IS USM – This lens now retails at $1,399, a rise of $100 (up 7.8%).
- Canon RF 70-200mm f/2.8 L IS USM – At $2,999, you might be paying $200 (7.1%) various weeks in the past.
- Canon RF 100-400mm f/5.6-8 IS USM – This lens has gone from $649 to $699, costing $50 (7.7%) extra.
- Canon RF 100-300mm f/2.8 L IS USM – Canon’s flagship zoom lens is as much as $10,199, $700 (7.4%) dearer than its earlier record value.
What we predict
Canon has now joined ASUS, Fujifilm, and Sigma is succumbing to the impression of the U.S. tariffs launched by President Trump. The one excellent news is that, other than the EOS R3, Canon has managed to maintain the present rises below the complete 10% of the tariff. Nonetheless, it’s not clear whether or not the corporate remains to be promoting off inventory imported earlier than the tariffs have been imposed. Due to this fact, cameras such because the R6 Mark II and R5 Mark II might but get dearer. As well as, the tariffs are at present set to rise once more in early July, which may deliver extra hardship to U.S. customers.
