Gamers could find themselves losing against Donald Trump’s tariffs.
That’s because many of the components used in gaming consoles are made in China and Asia as a whole.
CGTN's Michael Marillier has more.
#Gaming #Tariffs #China #TradeWar #VideoGames
That’s because many of the components used in gaming consoles are made in China and Asia as a whole.
CGTN's Michael Marillier has more.
#Gaming #Tariffs #China #TradeWar #VideoGames
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NewsTranscript
00:00Game over.
00:01It could be game over for the gaming sector as we know it.
00:05That's the warning from one analyst as the Trump tariffs kick in.
00:09As of right now, it's really concerning.
00:12I almost see it as an existential threat to the business.
00:15Tariffs will push up the price of gaming consoles and computers.
00:19That could mean less profits for the companies that make them.
00:23And those firms often play a crucial role in the development of games.
00:27You end up in this weird cycle where companies play it safe.
00:32They are focused on what they do well rather than trying new things.
00:35It's the new things, though, that will cause the market to grow.
00:38And so we end up in this cycle where it's just the same old things being made and fewer of them.
00:44And then you end up in this sort of downward spiral.
00:48But video games are more than just products.
00:51Researchers say they help people understand other cultures.
00:54One of the powers of games is that they don't just display the historical or mythical content,
01:01but they also, through interaction, let players engage with the values and philosophies underpinning these.
01:09Black Myth Wukong was one of the top-selling games across the globe last year.
01:14It was developed in China, and it's exposed gamers to Chinese values and traditions.
01:19But in a world full of tariffs, it may be harder to bridge cultural divides.
01:25Success is already difficult in video games and is about to get even harder.
01:28You have to fear that investors and video game companies will take fewer risks on projects like Black Myth Wukong.
01:36Black Myth Wukong is all about the journey of a lone character.
01:39The gaming sector will now look to President Donald Trump
01:44Reciprocal tariffs on countries throughout the world
01:48Hoping he changes course on his journey.
01:51Michael Marilia, CGTN, London