It was the greatest tragedy that could possibly befall our household, at least according to my 15- and 12-year-old sons: Their plan to pool their savings and preorder the eagerly anticipated Nintendo Switch 2 game console was foiled by the Trump administration.

However, Bloomberg reports that Nintendo assembles roughly a third of Switch 2 units in Vietnam, now only facing a 10% tariff, not the 46% it would have had if the pause had not happened.

Japanese entertainment giants Nintendo Co. and Sony Group Corp. are likely to raise prices on their game consoles in response to US tariffs, according to the latest research from Bloomberg Intelligence.