One of President Trump’s promises leading up to taking his oath of office was to put “America First”. By this, he means rewarding American companies that keep or bring back manufacturing to the US, by providing tax incentives and other benefits, and punishing non-compliant companies, by imposing heavy tariffs on imported goods. While most of his focus has been on auto manufacturers so far, that won’t be the end of his efforts.
One potential target of Trump’s wrath will be the video game industry. All three of the major console companies manufacture their consoles in Asia, predominantly China. The same is true for most computers and computer components, as well as mobile phones and tablets. Not even your TV and Blu-ray player is safe from these potential tariffs. Continue reading