Has Nintendo raised its upcoming price Switch 2 Due to Trump’s tariffs? This seems to be the case.
The entire stock market fell into turmoil after President Donald Trump implemented a comprehensive “countdown” tariff on April 2. Trump waited until the market closed last Wednesday, so the full power of his tariff announcement was not felt until the next day.
Technology stocks such as Apple, Amazon and Nvidia have already Hit is particularly difficult Trump’s tariffs. On Wednesday, for example, Apple Stock fell 9.2%. Other tech stocks, such as Microsoft, fell 2% to 9%.
While the “baseline” 10% minimum tariffs were issued from any country, Trump imposed larger tariffs on the U.S.’s largest trading partners, such as China and Taiwan. Many tech companies, such as Apple, produce their products in those countries, so these companies will be forced to pay higher tariffs, which in turn transfers these additional fees to customers.
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For example, Trump imposed a 32% tariff on Taiwanese goods. As for China, Trump hit them with 34% tariffs. However, China’s reciprocity tariffs complement the country’s existing 20% commodity tariffs.
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So, what does this mean for consumers? Your favorite technology products will become more expensive. Actually, there is already guess Among analysts announced yesterday by Nintendo’s Switch 2, the gaming company set its new console at $450, considering Trump’s upcoming tariffs.
Trump claimed that he imposed tariffs to bring manufacturing back to the United States Trump, and even mentioned Apple specifically in his speech.
“Apples are to be spent $500 billionThey never spent money here,” Trump said. They will build plants here.”
However, Apple will not start building its consumer-oriented products, such as the US iPhone, and its investment is to build servers in the US, and even for years, Apple still needs to build its manufacturing plants and factories in the US.
So in the near future, you will most likely be More – For your favorite new technology. Technology stocks (and the stock market as a whole) may continue to suffer as consumer spending decreases.
