[Leica] Portugal #2
Frank Filippone
bmwred735i at gmail.com
Thu Aug 27 20:43:14 PDT 2020
Update from Reddotforum
<https://www.reddotforum.com/content/2020/08/leica-introduces-made-in-portugal-m-lenses-at-lower-pricing/> -
it seems that the new lenses will be available for sale only in the US -
this is Leica's response to the recent 25% tax
<https://leicarumors.com/2019/10/07/trumps-new-25-us-tax-on-european-products-includes-cameras-and-lenses-coming-from-germany-will-leica-gear-get-more-expensive-in-the-us.aspx/> introduced
by President Trump:
"The motivation behind this move is straightforward. Last year, the
US Trade Representative imposed a 25% tariff on a wide range of
European goods, including German-made optics. Leica instituted a
small price increase to partially cover some of this additional
expense. In an effort to mitigate this financial burden for US
customers, Leica created a new production line in their existing
Portugal facility. Apart from the “Made in Portugal” instead of
“Made in Germany” engraving, the lenses are identical in design,
manufacture and warranty."
--
*Frank Filippone*
*BMWRed735i at Gmail.com*
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