Monday, June 2, 2025
LBNN
  • Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • Documentaries
No Result
View All Result
LBNN

Nintendo Delays Switch 2 Preorders Thanks to Trump’s Tariffs

Simon Osuji by Simon Osuji
April 4, 2025
in Artificial Intelligence
0
Nintendo Delays Switch 2 Preorders Thanks to Trump’s Tariffs
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


Bad news for Nintendo fans in the US who planned to preorder the Switch 2 on April 9: The company is delaying purchases for the console “in order to assess the potential impact of tariffs and evolving market conditions.” Although the launch date, June 5, remains the same, Nintendo says it will update preorder timing “at a later date.”

It’s an unprecedented move from any console maker, and a direct response to Wednesday’s news that President Donald Trump would institute sweeping tariffs; already the stock market has plummeted, prices on important goods are expected to rise, and the tech industry is reeling. Nintendo announced preorders for the console alongside its first event debuting the console to the press—the same day news of Trump’s tariffs hit.

The depth and breadth of the tariffs have been shocking, says video game analyst Mat Piscatella of market research firm Circana. “My best guess would be that Nintendo had some assumptions in place at what the tariffs would likely be, and that the announced tariffs came in much higher with wider reach than anticipated,” Piscatella tells WIRED.

It’s unclear whether the price of the Switch 2—$450, a tag that has already been upsetting to some fans—could rise even further. Piscatella says it’s not an impossibility. “Every reasonable and responsible business that relies on international supply chains will be reevaluating its US pricing at this point,” he says. “They have to.”

There’s been a great deal of speculation from industry analysts and institutions like the Entertainment Software Association about how harmful Trump’s tariffs would be to the video game market and industry. In February, the ESA issued a statement that tariffs would “negatively impact hundreds of millions of Americans and would harm the industry’s significant contributions to the US economy.” Nintendo’s announcement on Friday underscores just how disruptive the tariffs could end up being.

Piscatella says that historically other territories have been subjected to higher video game pricing already and “the US could certainly be joining that group.”

“The haphazard and chaotic nature of the tariffs and their announcement obviously has many scrambling to navigate the fallout,” Piscatella says.



Source link

Related posts

Cognitive robotics and new safety technologies for human-robot collaboration

Cognitive robotics and new safety technologies for human-robot collaboration

June 2, 2025
AI strategies promise smarter systems without sacrificing personal privacy

AI strategies promise smarter systems without sacrificing personal privacy

June 2, 2025
Previous Post

1,000 African Youth to Converge in Nairobi for Volunteerism Summit

Next Post

Jomo Kenyatta’s Biologocal Father Muigai and the Name Kamau

Next Post
Jomo Kenyatta’s Biologocal Father Muigai and the Name Kamau

Jomo Kenyatta's Biologocal Father Muigai and the Name Kamau

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

Generative AI masters the art of scent creation

Generative AI masters the art of scent creation

1 month ago
How to Set Up Your New Android Phone (2024)

How to Set Up Your New Android Phone (2024)

10 months ago
Ukraine Deploys Radio-Interference System to Counter Russian Drones

Ukraine Deploys Radio-Interference System to Counter Russian Drones

1 year ago
Mining sector steels itself for future

Mining sector steels itself for future

7 months ago

POPULAR NEWS

  • Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    0 shares
    Share 0 Tweet 0
  • When Will SHIB Reach $1? Here’s What ChatGPT Says

    0 shares
    Share 0 Tweet 0
  • Matthew Slater, son of Jackson State great, happy to see HBCUs back at the forefront

    0 shares
    Share 0 Tweet 0
  • Dolly Varden Focuses on Adding Ounces the Remainder of 2023

    0 shares
    Share 0 Tweet 0
  • US Dollar Might Fall To 96-97 Range in March 2024

    0 shares
    Share 0 Tweet 0
  • Privacy Policy
  • Contact

© 2023 LBNN - All rights reserved.

No Result
View All Result
  • Home
  • Business
  • Politics
  • Markets
  • Crypto
  • Economics
    • Manufacturing
    • Real Estate
    • Infrastructure
  • Finance
  • Energy
  • Creator Economy
  • Wealth Management
  • Taxes
  • Telecoms
  • Military & Defense
  • Careers
  • Technology
  • Artificial Intelligence
  • Investigative journalism
  • Art & Culture
  • Documentaries
  • Quizzes
    • Enneagram quiz
  • Newsletters
    • LBNN Newsletter
    • Divergent Capitalist

© 2023 LBNN - All rights reserved.