Sony takes a bigger hit than Nintendo after US tariffs affect Japanese stock market, and an old statement has people worried that "the customer will always end up being [on] the losing end"

PS5.

Trump's tariffs on goods made outside the US are affecting a lot of tech and gaming companies, which mostly manufacture in Asia, and it looks like Sony has taken a much bigger hit than Nintendo. What's more, the PlayStation company's plan to "minimize the impact on our business and earnings" has gamers worried the price of the PS5 and PS5 Pro could go up.

According to Dr. Serkan Toto, CEO of Japan game industry consultancy Kantan Games, Nintendo's stock is down 7.35% and Sony's is down 10.6%. Publishers Bandai Namco, Konami, Sega, Capcom, Square Enix, and Koei Tecmo are also all down today. He notes that "mobile game companies do even worse."