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Forums - Politics Discussion - Nintendo, Sony, and Microsoft issue Joint Statement on potential tariffs on China

Very nice read, thanks for sharing.



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I hate tariffs and protectionism.

But the three companies have 2 years to set up operation in other countries if they see the risk of the tariff being kept.



duduspace11 "Well, since we are estimating costs, Pokemon Red/Blue did cost Nintendo about $50m to make back in 1996"

http://gamrconnect.vgchartz.com/post.php?id=8808363

Mr Puggsly: "Hehe, I said good profit. You said big profit. Frankly, not losing money is what I meant by good. Don't get hung up on semantics"

http://gamrconnect.vgchartz.com/post.php?id=9008994

Azzanation: "PS5 wouldn't sold out at launch without scalpers."

I guess we should just let China get away with all the crap because the cost of video game systems might go up some🙄. China's economy is hurting pretty bad right now so I'm sure they'll come to the table with the US soon and the tariffs will go away.



         

PAOerfulone said:

You do realize that if these tariffs go through, WE’RE the ones who are gonna take the bullet. Console prices are gonna skyrocket. So instead of PS5 and Scarlett launching at $400-$500, now they’ll launch at around $600+. And not just consoles, accessories and physical media is going to rise in price as well. So we’re looking at $80-100 for a full retail AAA game in the US. Just raising games to those prices would have led to smaller profit margins or small losses for 3rd party publishers and developers, but now that loss is multiplied by a slower and/or shrinking console market. So those small profits become small losses and those small losses become big losses. And if you think the major 3rd party publishers will have it bad, what do you think is going to happen to the smaller publishers and indie devs who are struggling to make their money back trying to sell their games? Some of them may even go out of business, which means hundreds of people will lose their jobs.

So the Big Three lose a sizable portion of their audience, which will also negatively impact their 1st party software sales and service subscriptions.

Major 3rd party developers have a smaller and slower audience to sell their games to as development costs get higher and higher, which could lead to more anti-consumer practices in the future similar to loot boxes just to squeeze the remaining audience dry and make their money back.

Smaller publishers and indie developers will now be staring closure and bankruptcy right in the face and their employees will have a one way ticket to the unemployment line.

And gamers get screwed in the rear because now we have to pay even more money (which is hard to come by for some of us) to keep supporting and enjoying a hobby.

Nobody wins in this scenario.

This is just a big fat L for the video game industry.

Unfortunately, America has something much bigger to lose than the console manufacturers and that's valuable trade secrets ... 

I'd consider it to be a victory for the Trump administration if they manage to stick it to China and delay their technological development by 5 more years ... 



Well if SONY and Microsoft smart, they will follow Nintendo to build their system outside China. There are a lot of third world country that has capability like China in Southeast Asia. Indonesia, Vietnam, Malaysia.



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I mean, it's pretty clear Trump's administration won't stay at the White House past 2020 so the next Democratic leadership will only need to revert what they've done so far.



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eh, hard to feel sympathy for y'all when you've had cheaper consoles/games than the rest of the world for decades already.



fatslob-:O said:

Unfortunately, America has something much bigger to lose than the console manufacturers and that's valuable trade secrets ... 

I'd consider it to be a victory for the Trump administration if they manage to stick it to China and delay their technological development by 5 more years ... 

Why aren’t they allowed to be advanced? And what difference does 5 years make?



Too bad Trump is a SEGA guy.



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ROBOTECHHEAVEN said:
I'm glad for the tariffs, we have been getting screwed by China for several decades. Maybe the big 3 will make there damn systems in the usa,Japan or somewhere else. And let China know they can go straight to hell

I hope you like paying double the cost for consoles then.



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