In 2024, Donald Trump implemented significant tariffs on imports from Canada, Mexico, and China, impacting the video game industry. Analyst Mat Piscatella warns that these tariffs could lead to the disappearance of physical video games as publishers rely more on digital formats. Unlike his first presidency, when the video game sector was exempt, this time no exclusions were offered. The Entertainment Software Association cautioned that the tariffs might devastate video game sales, with consumers likely experiencing increased costs and the potential for economic repercussions that could further affect gaming affordability.
During Trump's first term, the video game industry successfully lobbied to exclude them from Chinese tariffs, but this time, no exemption was granted.
Circana's Mat Piscatella noted that manufacturers may stop producing physical video games altogether, pivoting to digital sales due to the tariffs.
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