
Potential Price Surge for Nintendo's New Console Amidst Tariff Turmoil
The implementation of President Trump's tariffs has caused turmoil in the stock market, significantly impacting tech companies such as Apple, Amazon, and Nvidia. With a baseline 10% tariff on imports, higher tariffs have been imposed on major trade partners like China (34%) and Taiwan (32%), affecting companies that manufacture products in these regions. This has led to increased costs likely to be passed onto consumers. For instance, Nintendo's pricing of the Switch 2 at $450 may account for these tariffs. Trump justifies the tariffs as a means to bring manufacturing back to the U.S., mentioning Apple's future investments in U.S. servers, though consumer product manufacturing remains unlikely to shift immediately. Consequently, tech products may become more expensive, and the market could continue to suffer due to reduced consumer spending power.