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Microsoft, Nintendo, and Sony say Trump’s tariffs on China will hurt the game industr
In an unprecedented display of solidarity, the world’s leading video game console manufacturers issued a statement against President Donald Trump’s proposed 25 percent tariffs on consoles manufactured in China. Microsoft, Nintendo, and Sony say that the cost will ultimately be passed on to American consumers, and that the proposal would put at risk the jobs of more than 220,000 Americans, including hundreds of small businesses.
At issue is a soon-to-be-finalized list of goods imported from China with tariffs that the Trump administration has tasked the United States trade representative with creating. If video game consoles are added to that list, they would cost the major console manufacturers 25 percent more to import virtually overnight.
The statement echoes similar comments from the Game Manufacturer’s Association (GAMA), a nonprofit organization that represents more than 1,000 companies in the hobby tabletop games industry.
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“While we appreciate the Administration’s efforts to protect U.S. intellectual property and preserve U.S. high-tech leadership, the disproportionate harm caused by these tariffs to U.S. consumers and businesses will undermine — not advance — these goals,” reads the statement, which is dated June 17. “Accordingly, we respectfully request that the Administration remove HTSUS subheading 9504.50.00, covering video game consoles, from the final list of tariffs, and thus refrain from applying tariffs on these products.”
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