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Trump's tariffs send shockwaves through the video game industry

Published on: 2025-05-12 18:52:00

What a boom: Donald Trump launched a metaphorical nuclear bomb on the global economy on April 2 during his so-called "Liberation Day" speech. Entire industries are now grappling with the fallout. According to the Entertainment Software Association (ESA), the U.S. video game industry could suffer unprecedented consequences. The video game sector must brace for impact following the announcement of Trump's new tariffs earlier this week. According to Aubrey Quinn, senior vice president of the ESA, these tariffs will significantly disrupt game development, as well as hardware and software production. Gaming hardware such as dedicated home consoles will experience a particularly big fallout, Quinn said. These devices are primarily manufactured in countries targeted by the tariffs. Even the parts required on the assembly line, which are typically sourced from various local and international markets, could face additional levies, further inflating the final cost of production. "Any one prod ... Read full article.