Sony hikes PlayStation 5 price by 25% as Trump tariffs bite

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Sony has increased the price of its PlayStation 5 by 25% as the video game industry reels from the impact of Donald Trump's tariffs. The Japanese game developer said it had made the "tough decision" to raise the price of the console's digital edition to £429.99 in the UK and €499.99 in Europe, starting from Monday. There will be no price change for the standard PS5, which comes with a disk drive. The company cited "a challenging economic environment, including high inflation and fluctuating exchange rates" behind its decision to increase the retail price of the PS5 in some markets…