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Sony Says PS5 Price Hikes Are Possible As It Faces $680 Million Hit From Tariffs
All eyes have been on Sony to see if it follows in Microsoft’s footsteps and, in response to increased U.S. tariffs, dramatically raises the price of the PlayStation 5 . The company confirmed to investors on Wednesday that it might end up doing exactly that as it faces a potential $680 million hole in its bottom line from the new import taxes on China and other countries.
US President Donald Trump is likely to speak with his Chinese counterpart, Xi Jinping, this weekend. This comes as American ...
The Trump administration has made moves to ease tariff tensions with China but new reports indicate that prices, including ...
A new analysis from Yale’s Budget Lab shows 2025 trade policies are set to drive grocery prices up once again. Fresh produce ...
US consumer prices rebounded moderately in April as declining food costs partially offset rising rents, leading to the ...
US inflation slowed for the third month in April despite new Trump tariffs. Economists warn this may be temporary with price ...
The increase comes as automakers navigate a new landscape shaped by 25 per cent tariffs on vehicle imports from key trade ...
President Donald Trump's import tariffs will ultimately result in higher electricity prices for U.S. consumers, wind turbine ...
Sportswear giant Adidas has warned import taxes imposed by President Donald Trump will lead to higher prices in the US for ...
On the COMEX, July copper rose 1.3% to $4.68 per pound ($10,296 per tonne). On the London Metal Exchange, the metal gained ...
Trump initially announced "Liberation Day" tariffs on imports from nearly 180 countries on April 2, but he quickly paused ...
Inflation eased in April with drops in gas and egg prices, but ODU's Bob McNab warns tariffs could drive prices back up this ...
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