The PlayStation 5 Is About to Get More Expensive

The PlayStation 5 (PS5) is set to become more expensive in the United States starting August 21. Sony has announced that the price of both the standard and digital editions of the PS5 will increase by $50, with the standard model now costing $549.99 and the digital edition priced at $449.99. The price increase is attributed to the ongoing tariffs imposed by the Trump administration on Chinese imports, which include video game consoles. These tariffs have been a burden on console manufacturers, and Sony has decided to pass on the additional costs to consumers. The price hike comes as the PS5 has already faced supply chain challenges and shortages since its launch in 2020. The increased cost may further impact the console's accessibility and adoption among consumers. However, Sony remains committed to the PS5 and its ongoing development, with plans to release new games and features for the platform.