Friday, July 10, 2020

Tariffs Coming to a Video Game Near You, Prices Increasing by 25%

Must Read

How The CW Should Incorporate Javicia Leslies’ Character on “Batwoman”

Ruby Rose is out, Javicia Leslie is in - Cw's newest Arrowverse show has found it's new Batwoman ! Here's how they should introduce her character.

[Rumor] Nintendo 64 “Turok” is Being Remastered for the PS4

PS4 trophies were leaked online. Get ready for Turok to drop on the PS4!

Johnny Depp Admits to Writing Bloody Messages for Amber Heard

Johnny Depp says that when he realized his finger's bone was exposed that there was no coming back to the relationship.
Kurt Broz
THE Kurt Broz is not just a personality for Nerdbot, but he's also the editor-in-chief and a real live scientist! Born on the snowy shores of Lake Erie in good ol' Cleveland, Ohio, Kurt Broz has been there and back again, now residing in sunny Southern California. You can find THE Kurt Broz in cosplay, buying comics, hiking, and even writing for Nerdbot and WLFK Productions. He may be a child of the 80's but he is certainly a man of the world.

President Trump has been piling tariffs on many goods and many exporters to the US, especially manufacturing behemoth China. It has been an issue for farmers and manufactures worldwide. But nerds have been fairly safe… until now.

Tariffs – taxes on goods important into a country from another country – are up to 25% on items from China. Another $300 billion plus in tariffs are being proposed. The issue here is that essentially everyone – Sony, Microsoft, and Nintendo – building consoles in China.

Image: From Wikipedia, what might happen if the product was also made in the US.

Independent research group Consumer Technology Association expects consoles and other video game hardware to go up in price, passing those taxes onto the consumer to the tune of about $800 million this holiday season. Representatives from the video game industry believe this could price many Americans out of the console market and put Americans out of jobs. It’s so bad that Sony, Microsoft, and Nintendo came together to write a letter.

Related  The First Car with a Solar Roof is Released
Image: Yup, the Big 3 are working together on something.

They came together on June 17th to ask the US Trade Representative’s Office not to put tariffs on gaming industry products. The letter is available to view for anyone with an interest on Regulations.gov. It is a comment in response to a proposed modification of action pursuant to Section 301: China’s Acts, Policies, and Practices related to technology, intellectual property, and innovation. That is, tariffs under the guise of protecting intellectual property. Though the game companies argue no one is bootlegging a PS4 or Switch so it’s a moot point.

Related  Self Driving Cars are Closer Than You Think

Go down to GameStop, Target, or your local game store before the holidays if you don’t want to pay 25% more for your consoles.

Do you think tariffs on video games are going to hurt the console market in the US? Let Nerdbot know in the comments!

Latest News

How The CW Should Incorporate Javicia Leslies’ Character on “Batwoman”

Ruby Rose is out, Javicia Leslie is in - Cw's newest Arrowverse show has found it's new Batwoman ! Here's how they should introduce her character.
Related  3 New Technologies Moving the Gaming Industry Forward

[Rumor] Nintendo 64 “Turok” is Being Remastered for the PS4

PS4 trophies were leaked online. Get ready for Turok to drop on the PS4!

Johnny Depp Admits to Writing Bloody Messages for Amber Heard

Johnny Depp says that when he realized his finger's bone was exposed that there was no coming back to the relationship.

Snickers is Coming Out With A New Peanut Brownie Version!

Mars has announced a new Peanut Brownie Snickers bar!

Novelty Sci-Fi Spaceship Keyrings Great for the Classy Nerd

These are awesome! It can be hard to find good Firefly merch.

More Articles Like This