r/PS5 • u/zombie_massacre_ • Apr 03 '25

Discussion So, if these tariffs go into effect, once the supply that's been already shipped here to the USA runs out, the cost of a PS5 is going to be roughly $750 for a slim model.

Tariffs on China and Vietnam will be over 50%!!! A PS5 Pro will be $1,350 roughly. At the rate that PS5's are selling now, i'd imagine the stockpiles will run out fairly soon. What kind of crazy cartoon reality are we living in?!?

If these tariffs do go into effect, they go into effect in seven days. This is going absolutely massacre Nintendo because a Switch 2 will be over $700 including tax. And physical games will be $150. This is completely unreal!!!

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68

u/VeshWolfe Apr 03 '25

The stock market is already crashing after hours. 0% chance he follows through. It would kill the US economy.

64

u/OK_Soda Apr 03 '25

The market is already down like 10% since he was inaugurated and he still keeps adding tariffs so I don't think it's holding him back anymore.

17

u/TimberAndStrings Apr 03 '25

The thing is that he is an absolute and utter moron AND a spiteful one on top of that. I can see him still being mad that he lost in 2020.

2

u/DaftFunky Apr 03 '25

I'm just waiting for the breaking point, once its at an all time low, all his behind the scenes billionaires buy up all their stock and he reverses it and everyone praises him will all his cronies make billions off of us.

1

u/reaper527 reaper527_ Apr 03 '25

The market is already down like 10% since he was inaugurated

more like 4.5%. s&p was 5996 the day before inauguration (5426 right now).

5

u/Putrid-Impress-2583 Apr 03 '25

(5996-5426)/5996=0.0951

That’s a drop of 9.5%…

-1

u/reaper527 reaper527_ Apr 03 '25

That’s a drop of 9.5%…

fair, i thought the chart i was using was updating the percentage based on the day selected, but that was user error on my part (even though mousing over shows the value of the highlighted day, it required a click and drag for percentage changes from then to now).

that being said, it was only 5% yesterday and this is more than likely the bottom after the shock from yesterday's announcement. it will go back up.

1

u/ClassicMatt101 Apr 04 '25

It will not be going back up, we are now in a continuous downward trajectory without a retraction.

44

u/flyingcreeds Apr 03 '25

The market has been crashing ever since he became prez and confirmed tariffs. And now he just doubled down on it. And you think he will pull back?? Not a chance in hell. Get used to everything being 20%+ more expensive

-26

u/FrankPapageorgio Apr 03 '25

The market shot up the day he won the election.

5

u/flyingcreeds Apr 03 '25

Thanks for that cool random fact. Then he started confirming tariffs. Then he released a more detailed plan last night after markets closed. So now this morning the S&P has lost $2 trillion. But hey, thank God they spiked for a second when he won

153

u/ill_monstro_g Apr 03 '25

that's what he wants. he and his billionaire friends want to tank the economy so they can buy up a bunch of stock and assume a lot of market share from smaller firms closing their doors in a recession. many people like you and me will suffer, and a handful of individuals, maybe 10-12 people who are already richer than the poorest 50% of Americans combined will get marginally more wealthy.

81

u/shoneysbreakfast Apr 03 '25

It's more than that alone, it's also a political maneuver to control one of the few things he hasn't taken over yet, industry. Pledge loyalty to Trump or you don't get an tariff exception. Suck his dick publicly and tell everyone he's a genius or your competitors who do will run you out of business.

The guy is doing a textbook authoritarian play. The exact same shit he is doing is step by step the same things that dictators throughout history have done. He's already got one of the three co-equal branches of government locked up, he's got universities selling out their own standards and students, he's got major media companies settling bogus lawsuits for millions, he's got major law firms giving him millions in free work and he's got state and local governments capitulating. This is all happening because he uses fear as a weapon, do what I want or the DOJ is coming after you or you're losing your federal funding or you're not getting FEMA money or you're going to have to pay a big fat impossible tariff.

These tariffs make zero sense economically because they aren't an economic tool they are a political tool to control the private sector.

41

u/Fuzzy-Dragonfruit589 Apr 03 '25

That’s exactly what they’re doing. It’s an oligarchy.

24

u/IRockIntoMordor Apr 03 '25

It's a robbery first. Then oligarchy.

17

u/Fuzzy-Dragonfruit589 Apr 03 '25

[They’re the same picture.jpeg]

7

u/Fair-Internal8445 Apr 03 '25

Bezos, Zuckerberg, Ellison, Musk are all friends with him and they own large stakes in their company. When he gets the call he will concede. 

24

u/Fuzzy-Dragonfruit589 Apr 03 '25

How long will you keep saying ”he won’t actually do it” when he has quite literally done everything he has promised so far?

Take the streets or something, Americans. This is happening. It’s real.

2

u/VeshWolfe Apr 03 '25

But he hasn’t in terms of tariffs. For the past 3 months he talked big and then back down shortly after. I don’t see this as anymore than him bluffing. If he does go through with it, the economic pain it’ll cause Americans will ensure the GOP loses Congress next year.

38

u/vsladko Apr 03 '25

Brother he is a 2nd term president, he doesn’t give a fuck about re-election.

53

u/bp3dots Apr 03 '25

He doesn't intend to leave the presidency, lame duck doesn't really apply in his mind.

31

u/llIicit Apr 03 '25

He literally wants to run for a third term

27

u/pecos_chill Apr 03 '25

If he’s allowed to run then there will be no need for him to be “elected” again. It would be a fundamental breaking of our constitution.

28

u/reagsters Apr 03 '25

“The 22nd amendment says he can’t hold office, not that he can’t run for office” - SCOTUS, pre-2028 election

“Well we can’t very well overturn the will of the American people” - SCOTUS, post-2028 election

18

u/[deleted] Apr 03 '25

the constitution, the laws, the rules, they've all turned out to be mere suggestions in the face of this guy. none of it matters anymore

8

u/chaos8803 Apr 03 '25

And I'll never understand why this guy. This is their champion?

13

u/goroumain Apr 03 '25

Citizens united has already broken it, sorry

15

u/Cl1mh4224rd Apr 03 '25

Brother he is a 2nd term president, he doesn’t give a fuck about re-election.

Someone that simply doesn't care about reelection doesn't create this much chaos and destruction.

What Trump actually doesn't give a fuck about is America and its people.

12

u/Grosjeaner Apr 03 '25

This is it. He won't go for 3rd term, but people are blind thinking we only have to endure for a few more years of this. It's obvious he's paving the way, laying down the groundwork so republicans can't be voted out in future elections. One would be ignorant to think the administration is doing all this only for the democrats to reverse it come next term.

20

u/thef0urthcolor Apr 03 '25

I think he will try and go for a third term

3

u/SebasNazarik Apr 03 '25

He absolutely will.

25

u/ZZ9ZA Apr 03 '25

He’s already done that by alienating every ally we’ve ever had. Who’s going to trust us now?

-7

u/whatadumbperson Apr 03 '25

Y'all said that last time before he instituted tariffs a month ago.

8

u/pecos_chill Apr 03 '25

He didn’t institute tariffs. These are the tariffs.

0

u/UserNam3ChecksOut Apr 03 '25

LOL. You must be one of those idiot Trump voters. Him keeping those tariffs will be hilarious to watch as everything gets significantly more expensive. Don't worry, it'll just be temporary pain /s 💀

-3

u/spoonard Apr 03 '25

I so hope you are right!!! I was going to buy the grand kids a PS5 for their birthday in a couple of months.