President Trump proposes import tax on gaming consoles due to trade war

[Windows Central]

The trade war rages on.
[h=2]What you need to know[/h]

• China and the United States are currently engaged in a trade war.
• President Trump has proposed a 25 percent import tax on consoles.
• The existing import tax is only 10 percent.
• Discussions are still taking place to avoid this.

Currently, there's a trade war going on between China and the United States. Both countries keep on raising tariffs on imported goods, which means that the cost of certain items will rise by another 15 percent or more. According to a report by Nintendo Enthusiast, the "Office of the United States Trade Representative has... published the list of newly-proposed import taxes... at the behest of... President Donald Trump." Unfortunately, video game consoles are on the list.

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