Sony hikes price of PlayStation gaming console by $50 as Trump tariffs bite

Sony said it will impose a punishing upcharge of $50 on every PlayStation 5 console as gamers become the latest US consumers to get hammered by Trump’s tariffs. The Japanese gaming titan announced Wednesday that PS5 prices will jump to $550 from $500 starting Thursday, implicitly blaming the increase on Trump’s tariffs on Japanese electronics that are costing the company $685 million annually.“Similar to many global businesses, we continue to navigate a challenging economic environment,” Sony said in a blog ...