As China and the US ease the trade war, a number of proposed trade tariffs are getting shelved. One of them is 25% import tax on consoles, which are mainly manufactured in China.
GamesIndustry.biz cites figures from Sony, Microsoft, and Nintendo, according to which over 96% of consoles imported into the US in 2018 were from China.
The US has been considering to impose tariffs since May 2019. At the time, Microsoft, Sony, and Nintendo expressed concern over “disproportionate harm” to the industry the tariffs would cause.
With PlayStation 5 and Xbox Series X on the horizon, the console manufacturers no longer have to reduce production in China. Tariffs remain imposed, however, on other imports from China.