Sony is raising PS5 console prices in US amid Trump tariff threat. Check new prices
Sony has announced a price increase of $50 for all PlayStation 5 models in the US. The price hike is due to challenging economic conditions. These include tariffs imposed by the Trump administration. The new prices are effective from August 21. Th...

Sony has announced $50 price rises for the PlayStation 5, PlayStation 5 Digital Edition and PlayStation 5 Pro that will go into effect within the US tomorrow, August 21.
ALSO READ: Jake Paul gets new shocking opponent as Anthony Joshua talks stall: Check date and live streaming details
New prices of Sony's playStations
"Similar to many global businesses, we continue to navigate a challenging economic environment," Isabelle Tomatis, Sony Interactive Entertainment's Vice President, Global Marketing said in a short statement shared today. "As a result, we’ve made the difficult decision to increase the recommended retail price for PlayStation 5 consoles in the U.S. starting on August 21."PlayStation 5 – $549.99
PlayStation 5 Digital Edition – $499.99
PlayStation 5 Pro – $749.99
Sony said that the retail prices for PS5 accessories “remain unchanged.” In April, Sony raised the price of PS5 hardware in the UK, Europe, Australia, and New Zealand, and in May, the company said it was considering price hikes to cover the Trump administration’s tariffs.
ALSO READ: Why Target ousted CEO Brian Cornell after he turned the US retail giant into a $100 billion powerhouse
The price changes come after U.S. President Donald Trump announced sweeping tariffs on imports from global manufacturing hubs such as China and Japan, leading to fears of supply chain disruptions and high material costs. Sony had raised prices of its consoles in various European markets in April. Rival Xbox also hiked sticker prices of its consoles and accessories in the U.S., Europe, Australia and the UK a month later.
Microsoft has increased the prices of Xbox hardware and accessories, with the Xbox Series X digital edition now costing $549.99. Meanwhile, in the lead-up to the Switch 2 launch, Nintendo has also raised accessory prices and, earlier this month, bumped up the cost of the original Switch, citing tariff impacts.
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.