Blackmagic Design, the Australian camera manufacturer, faced significant challenges in establishing US production due to tariffs imposed during Trump's administration. Initially planning to build a factory in Dallas to collaborate with US semiconductor companies, these tariffs complicated their financial models. Rising import costs made it increasingly difficult for Blackmagic to justify local manufacturing when essential components are still imported from abroad. This scenario underscores a broader issue many companies are encountering with global supply chains, where tariffs create more financial barriers rather than incentivizing domestic production.
Blackmagic Design, an Australia-based digital cinematography camera company, was gearing up to start making products in the United States before the Trump administration blew a tariff-shaped hole in its plans.
The introduction and ever-shifting confusion around President Donald Trump's blanket global tariffs have since complicated things according to Hussey.
It's a no-win situation that many other businesses in and outside of the US are facing if they deal with global suppliers.
If we proceed with the US factory, we'd incur tariffs on those parts, increasing costs and negating the savings we anticipated.
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