Sony has warned that PlayStation consoles will become more expensive if the Trump administration goes ahead with higher tariffs on more Chinese exports, the WSJ reports. The Trump administration, which raised tariffs from 10 percent to 25 percent on $200 billion worth of Chinese goods this past May, is now threatening to expand tariffs to an additional $300 billion of Chinese exports, which would include video game consoles.
In preparation for the potential expansion of tariffs, Sony says it’s now considering its options, including passing the cost of production onto its consumers. (The WSJ paints the price increase as a necessary step if the tariffs continue, though one Sony exec clarified that nothing has been decided yet.) “We...
from TV Aerial Installation Services Warrington https://www.theverge.com/2019/7/30/20747549/sony-playstation-ps4-china-tariffs
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