A new report models the worst-case scenario of reciprocal tariffs being imposed on U.S. imports of video game consoles, predicting a crisis for the video game industry.
If the full tariff costs were passed on to consumers, game console prices could jump by as much as 69.4 percent, potentially leading to a decrease in overall console purchases by 73 percent.
Potential consequences of increased tariffs include significant price hikes for consoles like the PS5 Pro, impacting consumer spending and the gaming ecosystem as a whole.
Despite uncertainties around tariff changes, gaming consoles manufactured in China may see price adjustments, with expectations of price increases for consoles like the PlayStation 5 and Xbox Series X.