In an uncharacteristic show of camaraderie, the three major players in the video gaming console industry – Nintendo, Sony and Microsoft – have today banded together to warn the US government of the negative impact its proposed tariffs would have on the industry.
An open letter has been sent to a representative of the US government after it asked for public comment on its proposal of a 25% tariff on all goods manufactured in China.
This would include a huge range of consumer electronics, including video game consoles made by the three companies – the Sony PlayStation 4, Nintendo Switch, and Microsoft Xbox One.
The letter makes the point that “Video games are a core part of the fabric of American entertainment culture” and that “two out of three households have at least one video game player and 60% of Americans play video games daily.”
The letter goes on to claim that “a price increase of 25% will likely put a new video game console out of reach for many American families who we expect to be in the market for a console this holiday season. For those purchases that do go forward despite tariffs, consumers would pay $840 million more than they otherwise would…
http://www.techradar.com/news/nintendo-sony-and-microsoft-say-chinese-tariffs-will-make-game-consoles-pricier
