A 10% tax on video game consoles and other consumer electronics products has been postponed until December 15th, the US Trade Representative (USTR) announced today. According to President Trump, the purpose of the deadline is to prevent tariffs from harming the holiday shopping season.
The next round of tariffs in the ongoing trade war between the Trump administration and China is expected to come into effect on September 1, but after today's news, it will no longer include gaming consoles such as the Xbox One, the PS4 or the Nintendo Switch. "As part of the USTR's public consultation and hearing process, it was decided that the tariff should be postponed until December 15 for certain items," USTR said in a statement. Press. "Products in this group include, for example, cell phones, laptops, video game consoles, some toys, computer screens, and certain items of footwear and clothing."
"We are doing it for the Christmas season," Trump said earlier today on the issue of delays. "Just in case some of the tariffs would have an impact on US customers." The fall and holiday seasons mark the release of several of the biggest games of the year and the sharp increase in the number of new systems for console manufacturers. sold.
In June, Sony, Microsoft and Nintendo sent a joint letter to the USTR stating that the proposed tariffs would cause "a harm-training effect that extends to the entire ecosystem of the game." said that these rates could cost an additional $ 840 million to their customers.
Last November, Reggie Fils-Aime, then president of Nintendo of America, declared Kotaku The holiday season was "critical" in the race of 20 million new switches. The company then sold 9.41 million switches during this period. With the new tariff, this amount would have caused customers to spend about $ 282 million more.
Technically, this is the second time Trump has been crying over imported electronics such as smartphones and gaming consoles. The original tariff series, announced in May, was to come into effect at the end of June. This delay was also postponed after the resumption of trade negotiations with China. Only time will tell if this new chronology will also be delayed.