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nintendo delays switch 2 preorders amid tariff concerns and market assessment

Nintendo has postponed preorders for the Switch 2, originally set for April 9, 2025, due to concerns over the impact of trade tariffs. The console's launch date remains June 5, while its retail price of $449.99 has contributed to a decline in the company's shares following the announcement.

US imposes high tariffs on Southeast Asian nations impacting trade relations

On April 2, the US imposed tariffs of 10% to 49% on several Southeast Asian nations, with Vietnam, Cambodia, and Laos facing the highest rates at 46%, 49%, and 48%, respectively. This move, justified by the White House as a response to unfair trade practices, could severely impact export-driven economies, particularly Vietnam, where US trade constitutes a significant portion of exports and GDP. Critics argue the tariffs are based on trade surplus data rather than actual rates, potentially undermining trust in US partnerships in the region amid growing Chinese influence.
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