Why New Tariffs Will Affects Game Consoles Says Microsoft, Nintendo & Sony

Date:2020/2/24 14:05:10 Hits:

Tariffs on Video Game Consoles
As far as the video game consoles industry is concern, The top three major players i.e Microsoft, Nintendo and Sony reacted and send warning to U.S government on the cause of its attempt to increase the tariffs on the gaming industry.

U.S government allowed public to post their opinion on the its proposal of a 25% increment of $300 billion in tariffs put on all goods manufactured in China following an open letter released on June 17 sent to the representative of the U.S government.

Others consumer electronics like TV’s, Smartphones, video game consoles manufactured by Microsoft Xbox One, Nintendo Switch and Sony Playstation 4. These three company explain furthers in the open letter and make it clear that Video games are important and has become one of the core American Entertainment Culture.

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