Sony joins Microsoft and Nintendo in raising gaming console prices following President Donald Trump’s tariffs on China.

Sony's decision to raise PS5 prices is not an isolated incident. Other gaming companies, including Nintendo and Microsoft, have also increased the prices of their consoles and peripherals. The move is largely attributed to economic challenges such as supply chain issues and manufacturing costs exacerbated by US import taxes.

Sony announced Wednesday it will raise PlayStation 5 console prices in the U.S. by $50, citing ongoing economic challenges and the financial strain caused by recent U.S. tariffs on electronics imported from China.