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Sony Increases PlayStation 5 Prices in US Amid Tariff Pressures. Sony is raising the price of all PlayStation 5 consoles in the US by about $50 starting August 21. The base PS5 will now retail for $499.99, while the Pro version rises to $749.99. The company cited a “challenging economic environment” and rising costs as the reason for the increase. US tariffs on imports from Japan, imposed by President Trump, have fueled fears of higher prices. Sony’s vice president of global marketing, Isabelle Tomatis, confirmed no changes to PS5 accessories prices. Price hikes follow earlier increases in the UK and Europe due to inflation and exchange rate fluctuations. Other gaming companies, including Nintendo and Microsoft, have also raised console prices this year. Rising tariffs and import costs are affecting multiple industries, including home improvement, as noted by Home Depot. Sony aims to balance costs without broadly increasing prices for all markets outside the US.
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