
While it's impossible to be sure whether an incoming administration will actually live up to its promises, it seems likely that one of President-Elect Donald Trump's "America First" strategies is a big hike in tariffs. If you buy photography equipment – very little of which comes from America, and much of which is partly made in China – that means taxes on the gear you use are going up. A lot.
At the moment, rates of between 2.5% and 6% are levelled on imports – but over the presidential campaign, we've heard figures threatened of 10%, with 60% and 100% for China and Mexico respectively. According to CNN, there isn't any word on how this will be done yet, but "the cost of the tariffs is expected to be passed along to consumers."