Microsoft's Xbox is hiking the prices of its gaming consoles, controllers, first-party titles and other accessories, following similar moves by competitors due to U.S. tariffs impacting global supply chains.

Xbox announced a suite of price hikes to its consoles and accessories, plus a price increase for games to $80 USD confirmed coming later this year. The repercussions of this announcement is seismic and far-reaching in ways we have yet to see,

Hefty levies imposed by Trump on manufacturing hubs such as Japan, China and Vietnam have led to a surge in console prices.