Thanks Trump!
Sony makes the “difficult decision” to raise PlayStation 5 prices in the US
Heavy tariffs imposed by the Trump administration are the main culprit here—they make it more expensive to bring consoles into the US, and they also have downstream effects on shipping rates and the cost of manufacturing and assembling hardware with complex global supply chains. Nintendo went as far as to delay Switch 2 pre-orders and raise previously announced accessory prices directly after the administration announced a round of tariffs in April.
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