Microsoft raised prices for Xbox consoles and controllers globally, with plans to increase first-party game prices later this year during the holiday season.
The price hikes were attributed to market conditions and rising development costs, with a focus on offering more gaming options and value for Xbox players.
Price changes affect Xbox headsets in the U.S. and Canada, while some controllers remain unchanged; potential impact of U.S. tariffs not specified.
Retailers, including Walmart, Target, and Home Depot, discussed challenges related to tariffs with President Trump, as companies sought ways to manage increased costs and potential product scarcity.