Avro Arrow
Posts: 3,721 +4,822
That's why I was so shocked that a lot of the Americans who supported Trump also supported the tariffs. I mean, I know that most of the MAGA-weirdos are more or less brain-dead but these people who are supposed to be against higher taxes were welcoming an extra tax that they had to pay to their own government!Unfortunately, consoles are facing the same problem. They had the 25% tariff applied to them as well. To be clear: A tariff is a tax on the consumer. It doesn't add anything to profit to the company and it doesn't help the exporting nation at all.
So, right now, Sony, Microsoft, and Nintendo have all essentially stopped importing their consoles into the US and are focusing on foreign markets.
The scalping prices of consoles, as should be expected, has been rising rapidly for the last 5 days. Just as they were finally going down.
At the end of the day, a tariff is just your government throwing an extra tax on something you buy that they receive. These people didn't understand that these tariffs were not a fine against China for making and selling the product, but a fine against themselves for buying it. The exporting country is unaffected by it except that it may reduce demand for their product.
Good Grief! The only metric these people have as to whether something is good or bad is whether or not Trump did it.