President Trump's tariffs on Mexico, China, and Canada may lead to increased prices for video games and consoles, according to industry analysts. Mat Piscatella from Circana warns physical game releases could dwindle as publishers might shift to all-digital formats to evade tariffs, while Daniel Ahmad emphasizes the negative impact on consoles, 75% of which are manufactured in China. The combined effects of these tariffs could push console prices significantly higher, with possible price jumps of $100 or more, alongside potential supply shortages affecting the market for physical games and hardware.
"Circana analyst Mat Piscatella stated that it wouldn’t surprise him to see physical games subject to tariffs simply not get made, pushing publishers towards all-digital strategies."
"Currently, most video game discs are produced in Mexico, meaning the price increase due to a 25-percent tariff will likely be passed onto consumers, which Piscatella described as 'What a mess.'"
"Consoles are also at risk from tariffs; with 75% produced in China, cost hikes and potential supply shortages are looming, according to analyst Daniel Ahmad."
"The president's tariffs could potentially increase console prices dramatically; for example, a Switch might jump from $300 to $400, and a PS5 Pro from $700 to $1000."
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