Mat Piscatella of Circana said this is an unprecedented and “chaotic” situation as it relates to tariffs and their impact on video games, so anyone claiming to know how things will shake out may be speaking out of turn.
“All anyone can do at this point is speculate. We are certainly in uncharted waters here, and no one really knows what will happen next,” he told GameSpot. “Obviously, the announced tariffs are having an immediate impact on the financial markets. And given the haphazard nature of how the tariffs are being calculated and applied, uncertainty is really the only certain thing at the moment.”
Piscatella said there is “absolutely the chance” that the new tariffs or any additional future tariffs might amount to changes for US consumer products, and not just for Nintendo but for all players.
I don’t really understand US politics but this tariffs thing seems stupid to me. What are the pros?
Pros: since you can’t import anything anerica will pull itself out of the massive hole it was pre trump, billions of jobs will appear out of thin air and america makes everything from mining titanium/lithium, building toyotas to manufacturing worlds best microchips on their home country, yeehaw! Also no tariffs on russia cause they’re misunderstood and are saviors of the white race.
Cons: Above is only true if you are mentally insane and live in an alternative universe without history.
The theory is that it’s supposed to encourage internal economic growth via domestic production of goods by making foreign made goods much more expensive. What the orange dip shit failed to understand is that America doesn’t have the internal infrastructure or resources needed to create most of the goods they consume. This is basically just a tax on the US consumer that ruined a lot of international trade deals and caused an irreversible decline in confidence with American markets.
And there’s no reason to produce those things here either, labor just costs too much.
I think there are people in the US who wanted tariffs because it could bring some jobs and they are not that concerned with economic consequences because their lives are so bad already.
💪🔥🇺🇸🦅💰🔥 <—That’s it, that’s the plan. Got it from the ultra maga patriot economists ONLY group chat 🔫 😎🎆