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Us console prices may spike by 69% due to trump tariffs

Console Prices Could Soar | 69% Increase Tied to Trump Tariffs

By

Liam O'Connor

May 10, 2025, 05:27 AM

Edited By

Clara Evers

Updated

May 10, 2025, 11:59 PM

2 minutes of duration

Various gaming consoles displayed with price tags showing high prices due to tariffs.
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The gaming community is bracing for a staggering 69% surge in console prices due to tariffs imposed during Trump's administration. Concerns are mounting over how this financial strain will impact gamers across the U.S.

The Impact of Tariffs

Retailers and players are voicing significant frustration. Comments across numerous forums suggest many believe companies may exploit this situation for profit, with some stating, "Theyโ€™ll gladly put their shareholders first, no matter the consequences for consumers.โ€ With consoles already costing upwards of $700 and annual subscriptions averaging around $120, rising prices threaten to impede access to gaming.

A notable exchange in user commentary urges reflection on the habits developed in the gaming world. One person pointed out, "If they voted for these tariffs, they donโ€™t exactly think for themselves," while another remarked on the absurdity of possibly owning fewer consoles due to higher costs, saying, "Youโ€™ll just have to have one or two PS5s instead of a dozen.โ€

Reactions from the Community

Community sentiment is teetering between anger and humor. Some people in the forums criticize not just the administration's economic policies but also fellow gamers who supported them. As one user put it, "Some of this is on the people who voted for Trump, cheering for their financial ruin as long as others are also suffering." Despite this negativity, some lighthearted commentary still surfaces, with one player joking, "B-b-but Trump has never heard of it! He wouldnโ€™t lie, would he?"

Notable Points Raised

Several recurrent themes have emerged from comments:

  • Financial Manipulation: Many are skeptical that companies will reduce prices even after tariffs are lifted. "Once theyโ€™re up, theyโ€™re up," said one user.

  • Market Dynamics: Comments point out that even if tariffs disappear, prices may not decrease due to ongoing greed. "Companies are banking on customers getting used to the higher prices."

  • Shift in Consumer Behavior: A notable concern is that older consoles may see revived interest, as players look for cost-saving alternatives, with one person noting, "Retro gaming is about to have a renaissance."

"The whole point of a console is cheap accessible gaming," emphasizes another user, highlighting the shift in gaming culture.

The Price Landscape Ahead

Sources confirm that the increased prices could force more gamers into subscription-based models or digital distributions, as affordability erodes. Analysts estimate significant shifts in purchasing behaviors, with a notable chance of prioritizing older models over new releases. โ€œWhen no one is buying, I expect them to drop prices to a loss,โ€ commented one astute gamer.

Key Insights

  • ๐Ÿš€ Projected 69% price increase threatens to alienate thousands of gamers.

  • ๐Ÿ’ฌ Community feedback intertwines humor with frustration, reflecting diverse opinions on the current political climate.

  • ๐Ÿ”ฎ Concerns continue over a potential reduction in access, prompting shifts in how and where gamers will source their titles.

As the situation unfolds, the gaming community remains on high alert, pondering whether players will adapt or resist these economic pressures. Will gamers stick with their consoles or explore mid-range options? Only time will tell.