Saturday, March 2

Tag: Video Game Consoles

Nintendo, Sony And Microsoft Gather As One To Battle Tariffs On Video Game Consoles
Business

Nintendo, Sony And Microsoft Gather As One To Battle Tariffs On Video Game Consoles

In the event that people stay aware of worldwide politics to live in North America, people may have heard about recently proposed tariffs on Chinese products by the Trump administration. In an uncommon presentation – Nintendo, Sony and Microsoft have united (in a seven-page letter) to caution the American government about the effects this could possibly have on the video game industry – clarifying how a 25 percent tariff increment would result in US buyers paying more than $840 million more for their consoles. This letter proceeds to clarify how 96 percent of all video game systems were built in China over the previous year and having to rework the supply chain to avoid these expenses would probably make significant interruptions generation. “The video game console supply chain ha...