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International Business Times
International Business Times
Business

Tariffs Set To Level Up Game Console Prices

Microsoft Donald Trump United States Sony Matthew Ball Christopher Dring Niko Partners Nintendo
Tech products usually fall in price as their release date fades into the past, but Trump's tariffs have had an impact (Credit: AFP)

The US tariffs barrage and the bounding cost of producing games have prompted manufacturers like Sony and Microsoft to announce price hikes on consoles, in an industry shift experts say is set to last.

Sony's 2020-vintage Playstation 5 has seen its price hiked by tens of dollars worldwide in recent weeks, a move matched on Microsoft's Xbox Series X.

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