Slide 1
Slide 2
Slide 3
Slide 5
Slide 4
Slide 6
Slide 7
Slide 8
Slide 9
Slide 10
Slide 11
Slide 12
Slide 13
Slide 14
Slide 16
Slide 17
Slide 18
Slide 19
Slide 20
Slide 21
Slide 23
Slide 24
Slide 24
Slide 25
Slide 26
Slide 27
Slide 28
Slide 29
Slide 30
Slide 31
Slide 32
Slide 33
Slide 34
Slide 35
Slide 36
Slide 37
Slide 38
Slide 39
Slide 40
Slide 41
Slide 42
Slide 43
Slide 44
Slide 45
Slide 46
Slide 47
Slide 48
Slide 49
Slide 50
Slide 51
Slide 52
Slide 53
Slide 54
Slide 54
Slide 55
Slide 56
Slide 57
Slide 58
Slide 58
Slide 59
Slide 59
Slide 60
Slide 61
Slide 61
Slide 62
Slide 63

Is It True? How Tariffs Might Force Canon to Cut Costs.

Toner News Mobile › Forums › Toner News Main Forums › Is It True? How Tariffs Might Force Canon to Cut Costs.

Tonernews.com, April 10, 2025. USA
  • This topic is empty.
Viewing 1 post (of 1 total)
  • Author
    Posts
  • #619118

    toner
    Keymaster

    Is It True? How Tariffs Might Force Canon to Cut Costs.
    Tariffs and Canon’s Financial Challenges.
    In a past conversation, it was noted that Canon’s management had stated that the Trump-era tariffs wouldn’t have much of an impact on the company in the U.S. However, with a new round of 20% tariffs on products from the EU, the situation might be different. The question now is whether Canon USA will absorb the increased costs for its ProStream and IX series printers, or will they raise prices, risking a hit to their competitive edge. Competing with well-established players like HP and Kodak—who dominate the high-speed roll-fed printer market, with much of their equipment manufactured in the U.S.—is no easy task.

    Moreover, Canon is facing additional pressure from tariffs on key consumables like ink and precoating materials, as well as the costs tied to head replacements. The company is already engaged in a pricing war with HP over ink costs, and a 20% tariff hike could seriously erode Canon’s profit margins. If those costs are passed on to customers, they may be pushed to consider switching to other manufacturers, further impacting Canon’s market share.

    The situation is compounded by ongoing complaints from Canon customers about the cost of head replacements and the company’s reluctance to change them due to internal cost considerations. These issues, combined with the added tariff burden, could hurt Canon’s customer satisfaction and loyalty.

    Additionally, it’s no secret that Kodak’s leadership, particularly its CEO, has close ties to former President Trump, which may be influencing the company’s efforts to ensure the tariffs remain in place. If these tariffs persist, Canon may be forced into another round of cost-cutting measures, further straining its operations and ability to stay competitive.

  • Author
    April 10, 2025 at 3:50 PM
Viewing 1 post (of 1 total)
  • You must be logged in to reply to this topic.
The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty, or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action based on the content on our site.