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PS5 and Xbox Series X will avoid US price hike over Trump's China trade tariff

Saving for a PS5 or Xbox Series X? You might not need to put away quite as many pennies as had been expected. A US trade tariff on Chinese imports of electronics, which could have driven the price of the consoles up worldwide, has now been halted.

President Trump had proposed a 25 percent tax on items moving from China into the US, but the Phase One agreement signed by the USA and China earlier this month now means that will not go forward.

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