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Sony is increasing the price of the PlayStation 5 as new tariffs take hold


Sony is hiking the price of PlayStation 5 consoles in the U.S. this week, citing a "challenging economic environment."

Citing “a challenging economic environment” — which appears to reference President Trump’s tariffs on imported products — Sony is increasing console prices by about $50. However, Sony already raised prices for PlayStation consoles sold in Europe, Australia, and New Zealand in April, citing the same challenging environment. In some regions, Sony previously increased console prices in 2022 due to inflation, but U.S. markets were not impacted at the time.

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