For some time there has been talk of a possible price increase for PS5 and Xbox Series X. This is caused by a commercial agreement between the United States and China. We would see a drastic increase in taxes on electronic products built in China. All this has raised various questions from users on a possible price increase of the two next-generation consoles.
The two nations would have signed Phase One earlier this month. This is a particular agreement in which the U.S. head of state would propose a 25% tax on all electronic products manufactured and shipped from China. Gamers, however, can rest assured that the charge will not be applied on SS5 and Xbox X Series.
Sony and Microsoft: PS5 and Xbox Series X prices will not increase
Gizchina News of the week
Theoretically, the bill would also have affected their prices. This is Given that the two products fell into the category examined by the draft duties. But in the past hours, the Entertainment Software Associaton, which represents the video game industry, has stated the following. “We are encouraged that the Trump administration has suspended the implementation of tariffs on video game consoles and controllers. The tariffs would have reduced job opportunities for American workers and increased the price for consumers”.
In a three-way move, Sony, Microsoft and Nintendo released a joint statement against Trump’s tariffs which in an open letter stated that the price increase would put the new console out of reach for thousands of American families. It would, therefore, seem that the case is resolved and therefore there will be no price increase for PS5 and Xbox Series X. What do you think of this news? Let us know in the comments below. As always, for any news and information on Sony and Microsoft consoles, we invite you to keep in touch with us.