Donald Trump’s new video game tariffs will “harm” sector, says industry group

nme.com:

Donald Trump’s proposed tariffs on video games will cause “significant harm” to the industry and “everyday Americans”, says one leading industry group.Over the weekend, returning President Donald Trump signed an order that would impose tariffs on imports from a number of countries, including Canada, China and Mexico.Yesterday (February 4) he agreed to delay the tariffs for both Canada and Mexico for 30 days but a 10 per cent tax on all imports from China has already started.

Trump has also promised that additional taxes on products from the European union will “definitely happen” in the near future.“The UK is way out of line [so] we’ll see … but the European Union is really out of line,” he added. “The UK is out of line, but I think that one can be worked out.

But the European Union is an atrocity, what they’ve done.”It would mean consoles and physical games would be more expensive in America, while developers would be more incentivised to embrace digital and cloud streaming options as well as rise prices across the board.Canada’s response to U.S.

tariffs. Justin Trudeau's best speech.Canada will place 25% tariffs on $155 billion in US imports in retaliation for Trump tariffs.