Could the Video Game Industry Be Facing Serious Trade Issues?

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Trump
(Photo: Polygon)

Not everyone is happy with the decisions of Donald Trump as of late – and that includes a number of members of the video game industry.

That’s because Trump could very well be signing trade tariffs that could result in difficulty with getting goods imported from another country. And yes, that includes video games.

Polygon broke this down a little further, explaining that trade tariffs – where a form of tax is used on goods and services that are imported into the country, creating a higher cost – could come into play, causing trouble for those that import games and consoles. It could be as high as five percent, or maybe even ten percent.

The Entertainment Software Association is already preparing for the situation, explaining that it could very well be lobbying against the tariffs. “We are looking into the issue and can provide more information shortly,” a spokesperson for the company explained.

This could lead to bigger problems down the road, as some believe that tariffs such as this could result in a trade war, with other countries possibly imposing its own tariffs against U.S. products. And that spells trouble.

We’ll see what comes of this over the next few days, but if you import quite a few products from overseas, brace yourself.

Robert Workman

Robert Workman has spent years working in the video game industry, for sites like Shacknews, AOL GameDaily and Marooners Rock. He's also very skilled in contributing to podcasts and video broadcasts, and can pretty much out-game you under the table. Oh, and just go ahead and ask him about glorious craft beers. Go on, ask him.

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