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You May Want to Buy a Nintendo Switch 2 Before Tariffs Drive Up the Price
Released in March, the new Nintendo Switch 2 has been making waves in the gaming community, and it’s possible that you may want to consider picking one up before tariffs drive up the price. Higher tariffs are likely incoming, and Nintendo’s Switch 2 may be caught in the storm this time.
In letters sent on Tuesday, President Donald Trump threatened to drastically hike tariffs by as much as 40% by the end of the month, which marks a several-week extension of prior tariffs that were set to take effect on July 9. Among those countries are Japan and Vietnam, both major parts of the Switch 2’s global supply chain.
So, what does that mean for Switch 2 prices? Nothing good, potentially.
First, let’s start with Vietnam. As tariffs approached this week, Vietnam struck a deal that undercuts the potential 46% tariff with a 20% one on exports. Before you go celebrating the avoidance of catastrophe, there are some things to keep in mind. First, we don’t know the full terms of the deal struck, so until we can say for certain there isn’t some kind of targeted stipulation in there that affects the Switch 2. Secondly, while the 40% tariffs were seemingly averted for now, that could still equate to a price hike for the console.
Nintendo has said previously that it doesn’t intend to raise console prices as a result of tariffs, though that was back in the pre-launch days before June and 10% tariffs have obviously escalated since then. The Switch 2 already retails at a cool $450 ($500 if you’re buying a bundle with Mario Kart World), which is notably a price many complained about when the console was announced.
Even so, demand for the Switch 2 has been high, and it has since become the fastest-selling console in Nintendo history.
Source: gizmodo.com
