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Forums - Gaming Discussion - Microsoft Might Have Just Won the Next Gen (Trade Tariff)

Video game industry prepares for coming of possible trade tariff

The Entertainment Software Association is in the process of formulating a plan to deal with the possibility of U.S. President Donald Trump rolling out trade tariffs, a source tells Polygon.

A tariff is essentially a form of tax that is used to make goods and services that are imported in the country more expensive to consumers than the same items made domestically.

Those possible tariffs could have an impact on the cost of game consoles and other hardware, much of which is manufactured overseas.

There were rumblings in the lead up to Trump's election that his team was floating the idea first of a five percent trade tariff, and then a possible 10 percent tariff. On Monday, Trump signed an executive order to withdraw from the Trans-Pacific Partnership. He also met with business and union leaders.

If an across-the-board trade tariff were imposed it would likely impact games and gaming consoles that are imported into the United States, like Nintendo's upcoming Switch console.

Polygon reached out to the Entertainment Software Association Monday morning to find out if the association, which represents video game developers and companies, to ask what sort of impact the association thinks the tariffs would have on the industry if they were passed. We also asked if the ESA was lobbying against the tariffs.

“We are looking into the issue and can provide more information shortly,” a spokesman told us.

CNN Money pointed out that President Trump would likely not need support from Congress to levy tariffs. He could instead use several different existing rules to do so.

While he could impost tariffs fairly quickly, experts have said any significant tariffs could lead to a trade war, with other countries imposing tariffs against U.S. products.

http://www.polygon.com/2017/1/23/14365782/video-game-industry-trump-trade-tariffs-esa



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twintail said:
Xboxes are made in China

^



winning the gen by selling more globally in the US?



Microsoft produces consoles in the USA?



Bandorr said:
WolfpackN64 said:

^

^^

^^



Around the Network
twintail said:
Xboxes are made in China

Ghina



- "If you have the heart of a true winner, you can always get more pissed off than some other asshole."

54m to 26m

Good luck.



 

The PS5 Exists. 


This is all so stupid. USA will force companies to produce in USA (especially car manufacturers) which may create jobs in USA but also increase prices and other countries will react to that against USA so that in the end all will just fuck each other and over the long run, nobody will gain from it.

But hey, it will work a few years and that's enough for Trump to praise how much he did for America. Same with less regulations if it comes to environment protection and stuff like that. It may help the industry for some years but surely not our descendants in the future.



GribbleGrunger said:
54m to 26m

Good luck.

The next gen has sold already 80m consoles? That's crazy stuff. I guess "next gen" means what comes after PS4 and XBO. 



yay, more expensive things will really help the people! The sad shit is even they did that, US made goods are still more expensive, we are fucked lol.