Archived posting to the Leica Users Group, 2020/08/27

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Subject: [Leica] Portugal #2
From: bmwred735i at gmail.com (Frank Filippone)
Date: Thu, 27 Aug 2020 17:43:14 -1000
 
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*