AFP
Prepare for a potential surge in video game prices as proposed tariffs on Chinese exports by the Trump administration could impact electronics like gaming consoles and hardware.
Trump’s “America First” policy aims to reduce the U.S. trade deficit through steep tariffs on Chinese imports, with a new plan suggesting a 60% tariff on all Chinese goods.
If these tariffs are put into effect, popular gaming consoles such as the PS5 Pro and Nintendo Switch could see price hikes of up to 40%, while high-end components like graphics cards may increase by as much as 50%.
While still proposals at this stage, these tariffs are gaining momentum under Trump’s leadership.
Gamers may face financial strain if these measures are implemented when purchasing consoles or upgrading their gaming setups.
A study from the Consumer Technology Association (CTA) warns that consumers will experience significant price increases across various products if these tariffs come into play.
Gaming
2024-11-15 17:15:04
Post from www.ibtimes.com
