In simple terms, the stocks of most significant Japanese video game firms have taken a hit due to tariffs imposed by U.S. President Donald Trump.
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View Urgent ForecastCurrently, Sony’s stocks are dropping by up to 13% on the Tokyo Stock Exchange, and Nintendo appears to be experiencing a similar trend.
Currently, as we speak, the Japanese Nikkei 225 index is experiencing an overall decline of 6%, and it’s reflecting a comparable trend in other Asian nations such as South Korea, Taiwan, and China.
Given that Asia is a significant global producer of goods, it’s clear that they could experience substantial impact due to the potential U.S. tariffs. These tariffs propose fines as high as 50% on imported items into the country, which may severely affect Asian economies.
Over the past weekend, several nations observed public holidays. Today’s market downturn is often seen as a readjustment or correction, as investors are now catching up to the global declines experienced on Friday.
In terms of gaming, Sony is anticipated to take proactive steps to keep the PS5’s price stable for a while. They increased their supply chain by double and accumulated a large amount of inventory before tariffs were implemented, providing them with a cushion to deal with any potential price hikes.
If the current disorder persists, there’s a strong possibility that the Nintendo Switch 2 might get affected eventually. Pre-orders for the device have been temporarily halted in the U.S., leading some to believe that a price increase could be implemented before its launch.
If current trends persist, it’s possible that concerns about video games might seem trivial compared to other issues. As per BBC reports, Goldman Sachs now predicts a U.S. recession is approximately 45% likely within the next year – an increase from their earlier forecast of 35%.
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2025-04-07 09:06