Comment on Nintendo president responds to Switch 2 price increase fears amid Trump tariff fallout
venoft@lemmy.world 2 weeks agoTariffs are not just for new products (new models). As soon as the current ps5 stock of a retailer is gone, they have to order new ones and pay a tariff. Then they make it more expensive for the consumer.
lets say Walmart now sells a ps5 for $400, but in a month they have to order new ones, from China. The order is more expensive than the one last month, so they pay like 40% more. Walmart will now sell the ps5 for about $560 to you.
thatKamGuy@sh.itjust.works 2 weeks ago
I’m honestly surprised they haven’t jacked up the prices already! Partly because Capitalism^TM — but also because I fully expect for big retailers like Walmart to have 30-90 day payment terms with vendors, and some of those invoices potentially being subject to these tariffs.