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Stock impact report

How Much Will the Switch 2 Cost After Tariffs? [CNET News]

NINTENDO CO LTD UNSP/ADR (NTDOY) 
NASDAQ:AMEX Investor Relations: nintendo.co.jp/ir/en
Company Research Source: CNET News
week it would delay the date to preorder its new console in the US while preorders started in the UK .. Many are now wondering if the Switch successor will jump up in price. With the Switch 2's launch date set for June 5 , the original starting price of $450 seems like a lost cause now. On the same day as the Switch 2 reveal President Donald Trump announced sweeping new tariffs that would have affected Japan and Vietnam, where Nintendo is based and the country where the Switch 2 is being produced, respectively. Tariffs did go into effect Wednesday morning; however, Trump appeared to have changed his mind later in the afternoon. "I have authorized a 90-day PAUSE, and a substantially lowered Reciprocal Tariff during this period, of 10%, also effective immediately," Trump said on Truth Social It does appear Nintendo might be in the clear, as the tariffs on Vietnam would have been 46% while Japan was at 24%. Now, it just has to contend with the 10% tariff instituted on all countries Show less Read more
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