Trump Administration Will Delay 25 Tariff On Gaming Consoles At Least For The Time Being
Those in the video game industry and consumers were given some much-needed relief today, as the Trump Administration seems to be holding off on its proposed 25% tariff that would have affected gaming consoles. Last month saw President Donald Trump’s administration propose a hefty $300 billion set of tariffs against China in its back and forth trade war, which would have hit gaming consoles by 25%. However, talks between Mr. Trump and the Chinese President Xi Jinping at the G20 Summit in Japan this past week resulted in an announcement today by the president to delay those tariffs for now, and hopefully indefinitely....