TheThreadsThatBindUs
Member
In the PS5 price increase thread there are pages and pages of people repeating the same misinformation ad nauseum, i.e. that Trump tariffs are to blame for the PS5 US price increase and the semi-recent price increases of other consoles.
It's just not true!
I'm not a republican. I'm not even American. But I know how to use Google and the US provides a handy website where you can go and find out what all the current tariffs are for various products you can import into the US:
The Harmonized Tariff Schedule of the United States (HTS) ---- https://hts.usitc.gov/
To save you all time, you can see under the heading 9504.50.00, videogame consoles under "rates of duty" show "free" under the general category (section 1). Meaning that there are no tariffs on vg consoles imported into the US from countries that are not Russia, North Korea and Belarus (the section 2 category covers these three sanctioned countries subject to import controls).
So, please GAF hypothesize all you like about the reasons why Sony and MS are increasing console prices, just know it has nothing to do with import tariffs.
The real culprit you should be looking at is TSMC, who now that Intel is cooked and Samsung and Global Foundries have been left in the dust, has a virtual monopoly on high performance semiconductor parts fabrication; and they have been increasing their prices because their can and will exploit their current market position.
Edit:
It seems the above does not give the full picture and consoles from China and Taiwan are in fact subject to US import tariffs. What also is clear, however, is that Sony has made moves to relocate their console assembly operations for consoles sold in the US (to where, I don't know). So, these recent pricing adjustments are very likely a result of at least in part the added costs of their new supply chain. I still insist that TSMC's monopoly is a factor in addition, since wafer pricing has seen successive increases for all their most advanced process nodes.
It's just not true!
I'm not a republican. I'm not even American. But I know how to use Google and the US provides a handy website where you can go and find out what all the current tariffs are for various products you can import into the US:
The Harmonized Tariff Schedule of the United States (HTS) ---- https://hts.usitc.gov/
To save you all time, you can see under the heading 9504.50.00, videogame consoles under "rates of duty" show "free" under the general category (section 1). Meaning that there are no tariffs on vg consoles imported into the US from countries that are not Russia, North Korea and Belarus (the section 2 category covers these three sanctioned countries subject to import controls).
So, please GAF hypothesize all you like about the reasons why Sony and MS are increasing console prices, just know it has nothing to do with import tariffs.
The real culprit you should be looking at is TSMC, who now that Intel is cooked and Samsung and Global Foundries have been left in the dust, has a virtual monopoly on high performance semiconductor parts fabrication; and they have been increasing their prices because their can and will exploit their current market position.
Edit:
It seems the above does not give the full picture and consoles from China and Taiwan are in fact subject to US import tariffs. What also is clear, however, is that Sony has made moves to relocate their console assembly operations for consoles sold in the US (to where, I don't know). So, these recent pricing adjustments are very likely a result of at least in part the added costs of their new supply chain. I still insist that TSMC's monopoly is a factor in addition, since wafer pricing has seen successive increases for all their most advanced process nodes.
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