In the wake of a crumbling global market, US President Donald Trump announced today that he is scaling back his original tariff plan, lowering tariffs significantly basically everywhere except China. It remains to be seen what this means for the Switch 2, which was supposed to begin US preorders today.
Trump said on Wednesday that tariffs in most places will be lowered to 10%, but China is facing an increased 125% tariff rate. Both rate changes take effective immediately. Overall, Trump said he is initiating a 90-day pause to new tariff deals. Ninety days from today is July 8, 2025.
Everyone wants to know what this means for the Switch 2, and we don't know. According to FT, after the first Trump presidency, Nintendo shifted some manufacturing to Vietnam and Cambodia in response to Trump's position on trade with China.
The report said 50% of the Switch 2 production has come out of Vietnam and Cambodia in recent months. The tariff rate for these countries as of last week was 46% and 49%, respectively, but now it's 10%, effectively immediately. In theory, this would seemingly help Nintendo keep the Switch 2 price at $450 or close to it, but no one knows for sure, and Nintendo is yet to comment.
The Switch 2 launches on June 5, which is more than a month before the 90-day pause would end. Experts believe negotiations will take place between now and the deadline to solidify new trade agreements.
Niko Partners analyst Daniel Ahmad said he expects Nintendo to take advantage of this situation and ship even more Switch consoles to the US. This doesn't rule out a price increase in the future, or potential supply problems, Ahmad said. Even before all of the trade tariffs, Nintendo shipped Switch 2 units to the United States, and they are currently in warehouses in America.
GameSpot has reached out to Nintendo in an attempt to get more details on the situation as it relates to the Switch 2.
Source
Trump said on Wednesday that tariffs in most places will be lowered to 10%, but China is facing an increased 125% tariff rate. Both rate changes take effective immediately. Overall, Trump said he is initiating a 90-day pause to new tariff deals. Ninety days from today is July 8, 2025.
Everyone wants to know what this means for the Switch 2, and we don't know. According to FT, after the first Trump presidency, Nintendo shifted some manufacturing to Vietnam and Cambodia in response to Trump's position on trade with China.
The report said 50% of the Switch 2 production has come out of Vietnam and Cambodia in recent months. The tariff rate for these countries as of last week was 46% and 49%, respectively, but now it's 10%, effectively immediately. In theory, this would seemingly help Nintendo keep the Switch 2 price at $450 or close to it, but no one knows for sure, and Nintendo is yet to comment.
The Switch 2 launches on June 5, which is more than a month before the 90-day pause would end. Experts believe negotiations will take place between now and the deadline to solidify new trade agreements.
Niko Partners analyst Daniel Ahmad said he expects Nintendo to take advantage of this situation and ship even more Switch consoles to the US. This doesn't rule out a price increase in the future, or potential supply problems, Ahmad said. Even before all of the trade tariffs, Nintendo shipped Switch 2 units to the United States, and they are currently in warehouses in America.
GameSpot has reached out to Nintendo in an attempt to get more details on the situation as it relates to the Switch 2.
Source