Hey Everyone,
So the presentation was not live. It was made/ edited in advance. We know this. We also know that trump has flip flopped on tariffs before. Well today, he did not. They were announced, clear as day with percentages, and effective time and date. Having said that, we can't be sure that these tariffs were priced in. And without being an Nintendo executive, anyone can easily see that these added costs are way too much for Nintendo to just absorb into the price for one country, even if it is a large market such as the USA.
If it was not and the switch 2 is produced in Vietnam (46% tariff ) = $450 + $207 = $657! If it was not and the switch 2 is produced in China (54% tariff [34% new on top of 20% already ) = $450 + $243 = $693 !!! For games, Vietnam vs China makes $90 become $131.40 and $138.60 respectively.
This looks really bad for getting a switch in the USA.
by Brief_Challenge_1163