Under the looming cloud of the US-China trade war, almost every industry is running the risk of incurring higher tariffs on items imported from China. That includes the gaming console industry, with consoles like the PlayStation 5 and the Xbox Series X expected to be launched later this year.
While all that is good news, materials manufactured in China will still be covered under tariffs which means a lot of the components used in making consoles like the PS5 and the Xbox Series X will likely be priced higher than usual. That might affect prices as well, but the Game Manufacturer’s Association told Polygon that it remains hopeful to see these tariffs rolled back as well.