Back in my day console prices would go down after being on the market for a few years
Back in your day needless tarriffs weren’t a thing.
President Reagan decided Friday to impose punitive 100% tariffs on a wide variety of goods produced by Japanese electronic giants in retaliation for Tokyo’s failure to abide by the semiconductor trade agreement between the two nations.
In approving a recommendation Thursday by the Administration’s top economic officials, the White House decided to put the tariffs into effect about April 17, less than two weeks before Japanese Prime Minister Yasuhiro Nakasone is scheduled to begin a visit to the United States aimed at easing trade frictions.
The tariffs will be targeted to bring in as much as $300 million and designed to punish such firms as NEC Corp., Hitachi Ltd., Fujitsu Ltd., Toshiba Corp. and Oki Corp. by either pricing some of their goods out of the American market or by forcing them to accept substantial losses on U.S. sales.
Was that not a measured response to a failure to abide by an established agreement?
Depends on who is telling the story.
Japan / Korea were early instances of US industrial outsourcing. The consequences of the project was an economic boom during late 70s/early 80s in both countries, such that American politicians feared Japan and Korea would return to the world stage as independent regional powers. Reagan’s tariffs, the subsequent opening of Japanese import markets, and the further industrial outsourcing to China, the Philippines, and the rest of the South Pacific labor markets effectively clipped the wings of the Japanese/Korean wage laborer.
You could argue this was part of the “agreement” between Eastern Zaibatsu executives and Western investment banks. But I’d hardly call it a “measured response”. I certainly wouldn’t call it a policy that served the best interests of either Eastern or Western wage labor.
Back in my day, we elected scumbags who at least wanted to preserve stability and international trade relations so that at least a balance could be preserved long enough to nudge policy where people broadly wanted it.
Five years… in the OG days we’d be prepping for the next generation about now.
Then things got weird around the 2008 financial crash. :(
(US dates)
Atari 2600 - 1977
Atari 5200 - 1982
Atari 7800 - 1986
Atari Jaguar - 1993NES - 1985
SNES - 1990
N64 - 1996
Gamecube - 2001
Wii - 2006
Wii U - 2012
Switch - 2017
Switch 2 - 2025Sega Master System - 1986
Genesis - 1989
Sega CD - 1992
32X - 1994
Saturn - 1995
Dreamcast - 1999NEC Turbo Grafx 16 / CD - 1989
NEC Turbo Duo - 1993Playstation - 1995
PS2 - 2000
PS3 - 2006
PS4 - 2013
PS4 Pro - 2016
PS5 - 2020
PS5 Pro - 2024Xbox - 2001
Xbox 360 - 2005
Xbox One - 2013
Xbox One X - 2017
Xbox Series X - 2020Node shrinks are not as impactful as they use to be, in that area at least.
This is Republicans and Trump’s doing btw.
No no, I’m sure it’s the fault of the trans kids. And the immigrants. I’m sure prices will go down if the US just cracks down harder on these threats to gaming.
edit: do some of you dipshits have literal brain damage? If I have to add /s tags to something like this, it’s proving that we have NO hope for the future ffs, take your medication and talk to someone.
You’re not wrong.
Here’s how I think it’s going to go down.
- They’ll realize that Sony isn’t a American company.
- They’ll find out it’s a Japanese company
- They’ll blame Chinese-Americans for the increase.
- Republican gestapo intensifies
- Tariffs will continue until Americans aren’t so stupid
Everyone in the world suffers from higher prices.
They’ll find out it’s a Japanese company They’ll blame Chinese-Americans
I love how this is one of those things that sounds like an absurdist joke but it’s actual realistic analysis based on current trends.
Thanks, Obama
It’s Biden fault
There is also the choice if making less money that companies are allowed to make.
A company that is profitable will still be profitable if they make a tiny bit less profit.
But that’s not even seen as an option anymore. The idea that a company should shoulder the cost of anything instead of the consumer is crazy to us.
And to top it off, if the tariffs went away in 3 months, would they lower the price back down?
Why would they take a hit for something the US population voted for themselves? That makes no sense.
Why would businesses shoulder the burden of economic downturns when they have the option to force poor people to pay for it?
Why would they ever save for a rainy day when the laws allow them to constantly redline their buisness?
Yeah that’s the question
I struggle to shed a tear for souless corporations
I don’t shed tears for soulless corporations either. But i also don’t shed tears anymore for a populace that systematically votes for self-harm
de minimus tariff exemption (imported goods valued at under $800) ends at the end of the month because trump said so a few days ago
this is why
This does not only affect playstation. Anyone who doesnt have a stockpile of inventory already imported are gonna be affected very soon.
Norwegian postal service will not send packages with less than $800 dollars (except for private packages). Many businesses will not send anything to the US in the coming months.
jokes on you if you thought this was about this term, it’s about his first term.
Belgian postal service is suspending all deliveries regardless of value.
The ports must be bracing for chaos.
Unfortunately Christmas is gonna be rough time for a lot of Americans this year thanks to the trump tax
Americans need to boycott Christmas. Make memories and handmade presents instead of sending money at billionaires
Damn I’m gonna not buy it even harder now
I’m gonna wait until 11:59 to order my PS5 and then list it tomorrow as a “limited edition pre-increase model” for $150 more. Then Sony will hire me as their CEO.
Make gaming great again!
Have you all said thank you yet for the tariffs?
Ok. More reasons not to get one.
I just got a PS3 for free
I once traded someone my PS3 for his PS4.
I traded up, and he had two PS4s and no PS3 and he wanted one of each. It was a win-win.
✓Fuck around
✓Find out
Definitely not getting in on this generation, then.
And Nintendo over here raising console prices for shit released in 2017 I guess only thing in common was Trump.
I thought these increases were going to be as bad as Xbox by the looks of things. $50 for PlayStation is way better than I thought vs $100 for greedy Microsoft.
