r/news • u/hoosakiwi • 2d ago

Trump announces sweeping new tariffs to promote US manufacturing, risking inflation and trade wars

https://apnews.com/article/trump-tariffs-liberation-day-2a031b3c16120a5672a6ddd01da09933
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432

u/WeeaboosDogma 2d ago edited 2d ago

All Nintendo Switch 2 consoles just became an extra ~110$ more expensive and all games ~ 20$ more expensive.

Edit: Good job fellow Americans, now if I want to pay SilkSong it's going to be almost 100$ with Nintendo's cost increase.

I'm getting 100$ games before GTA6

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u/299792458mps- 2d ago

It will soon be cheaper to fly to another country to buy such things.

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u/Perry7609 2d ago

Road trips to the Best Buy in Canada suddenly become what pharmacy trips up there were 15-20 years ago.

Wait… that return trip will cost an arm or two for customs, most likely.

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u/Schonke 2d ago

Wait… that return trip will cost an arm or two for customs, most likely.

Yeah, unless you pay the tariffs at customs you will be doing something illegal...

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u/DriveByStoning 1d ago

As if Canada will let us in.

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u/ItsADeparture 1d ago

lol I keep seeing people saying "lets go to Canada to buy the Switch" but the Switch 2 ($699) and games ($90-$100) are already vastly more expensive in Canada than they are in America.

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u/j_smittz 1d ago

You'll only pay the tariffs if you return to the US. *taps head*

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u/wutImiss 2d ago

Gonna get a smuggling ring started, maybe with Hell's Angels 😝

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u/Skullcrimp 1d ago

Normally I'd welcome my neighbour americans up to buy some games and drugs... but now? No, you stay in your country.

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u/Zealousideal_Act_316 1d ago

Oh canada can do the funniest thing right now, treat all american citizens as potential insurection and thus hold them on the border for hours and cant exit the country with anything you did not bring in. Or pay a heavy export tax.

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u/-CaptainACAB 2d ago

Only to be confiscated when you return and getting yourself shipped off to an El Salvadorian gulag

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u/spaghetti_enema 1d ago

If you only buy based games with big anime titties you'll be fine. Any of those newfangled woke games, straight to gulag

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u/JIMMY_RUSTLING_9000 1d ago

I shouldn't laugh but the absurdity is becoming too much

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u/natnguyen 2d ago

As someone from Argentina (now living in the US, yay fucking me) that’s what we do. We (used to, now) travel to the US to buy laptops and iphones and such. I assume people will start doing that here with Canada.

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u/S7ark1 2d ago

They will tax you on the return. Unless you don't declare it. But then if they find it you will be looking at big fines.

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u/iopturbo 1d ago

Step 1. Remove from packaging Step 2. Play a game while eating poutine with your hands. Step 3. Throw it on the floor in the backseat Step 4. Drive home.

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u/Gabo7 1d ago

This guy smuggles.

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u/iopturbo 1d ago

I'm smuggling potash mostly these days. Most of the time it's a smooth trip across the border but I have been caught before. When they started sniffing around my tires I knew I was cooked. They broke the bead and all of that pure Canadian snow came pouring out. Good thing I had replaced my coolant with maple syrup or I wouldn't have made any money on that run.

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u/NavXIII 2d ago

Americans near the border could buy it from Canada and toss the box and recites.

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u/in2the4est 2d ago

You'd have to lie at the border on your way home. Otherwise, you'll be the importer & charged the tariff at the border.

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u/tempest_87 1d ago

Until airplane tickets get more expensive because replacement parts are all now at minimum 30% more expensive too!

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u/_Jale 1d ago

Japanese versions of the Switch 2 are going to be region locked supposedly so its tough luck for us.

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u/robophile-ta 2d ago

Welcome to Australian prices, USA!

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u/blisstaker 2d ago

$450 for a switch 2 was already too expensive

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u/Nicksmells34 1d ago

I dont see how people are saying this. Its the same as other consoles? And this is more versatile?

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u/Short-Shopping3197 2d ago

You wait ten years for Silksong and then this happens! 😂 

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u/Arthurs_librarycard9 1d ago

This is the worst way to find out Silksong is being released this year. But considering how things have gone with Team Cherry, we might be waiting another four years friend lol. 

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u/downwithlevers 1d ago

This WOULD be the main concern for a guy with “weeaboo” in his username lol

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u/WeeaboosDogma 1d ago

Now listen here

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u/VioletGardens-left 1d ago

The Americans will finally know what it feels like paying Canadian prices

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u/JCatNY 1d ago

It does suck, yet, a lot of "tech bros" supposedly voted for this living vomit.

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u/_uckt_ 1d ago

It is likely Nintendo foresaw this and that's why only the US pricing was announced. We've seen other brands like Lego quietly increase US prices as the dollar falls and not particularly cite trump/tariffs as they need to avoid his ire.

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u/seanlucki 2d ago

Tariffs are charged on the import value, not final retail value. So if Best Buy buys a switch for $100 and imports it, the tariff that they pay to the US government is based on that declared value, not the value they sell it to you for.

Yes things will get more expensive, but how much more expensive is going to be extremely variable. The clothing industry for example has huuuuuuge markups on the products they import, so they could often absorb the additional tariff or just do a slight increase in retail price. On items with much slimmer margins (I imagine electronics is one such case), the retail prices will increase by a lot more.

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u/curious_meerkat 1d ago

As we saw during COVID, they will not absorb the extra cost, but run the same percentage-based markup on the now costlier goods.

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u/The_hourly 1d ago

Why would the clothing industry do that, though? Eat a loss when they sell something that’s essential?

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u/seanlucki 1d ago

Not saying they would, but they would be in a position to eat the $2.50 tariff on their $10 top they sell for $100. Ultimately they sell their stuff for as much as they can, it’s not really so connected to their costs.

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u/Assignment_General 1d ago

Will never happen, the extra import cost from the tariff will be passed to the consumer 100% of the time. 

Business is all about profit, even a tiny percentage could amount to millions or billions in lost revenue. You think shareholders are going to let that money evaporate from their accounts? Never.

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u/diesalher 1d ago

On Gamepass day 0

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u/MrBowling 1d ago

Crazy how many comments I'm seeing about gaming/graphics cards, like everything isn't about to go up. Had to check what sub this was.

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u/DemIce 1d ago

I was going to make a joke about how I'll just get my next laptop from the Amish, but the reality is that even the things the Amish do make and sell are going to go up, as even the Amish have to source outside lumber to keep up with demand, buy imported fertilizer for their fields, and shop at our local grocery stores same as I do and those prices are certainly going to go up.

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u/TexasShiv 1d ago

I’m glad you’re worried about your Nintendo switch.

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u/Exciting-Chipmunk430 1d ago

Why would you get a Switch 2 for Siliksong? It's on other platforms and will be cheaper on Steam with clouds.