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Trump Tariffs Threaten Console Sales, Says Game CEO

The video game industry is bracing for potential headwinds. While Take-Two CEO Strauss Zelnick is optimistic about upcoming game releases like Grand Theft Auto 6 and Mafia: The Old Country, the looming threat of proposed tariffs by President Donald Trump has cast a shadow over the sector.

Tariffs Impact on Gaming

Zelnick expressed concerns about the potential negative impact of tariffs on console sales. He shared his general opposition to trade wars, favoring free trade principles. While acknowledging that tariffs might be justified in certain situations, he remains wary of their overall effect on the economy.

Uncertain Future

The situation is further complicated by the fact that previous exemptions for the video game industry from tariffs may not be guaranteed this time. There’s uncertainty surrounding the future of trade relations.

Industry Concerns and Warnings

The Entertainment Software Association (ESA) has issued a warning, stating that Trump’s tariffs could harm the video game industry. There are worries that additional tariffs will lead to increased prices for both video games and consoles:

Here’s a summary of the potential impacts:

The gaming community and industry leaders are anxiously watching developments, hoping for a resolution that avoids significant disruption to the market.

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