ShareSony has announced a price increase for all PlayStation 5 consoles in the US, with the company citing a “challenging economic environment” and rising costs. Effective immediately, the price of all three PS5 models will jump by $50, a move widely seen as a response to tariffs imposed by the US government on imports from key trading partners. The standard PlayStation 5 will now have a recommended retail price of $549.99, while the Digital Edition will cost $499.99. Isabelle Tomatis, Sony Interactive Entertainment’s Vice President of Global Marketing, stated that the company had made the “difficult decision” to increase prices. The price increase is exclusive to the US market, as Sony had previously raised console prices in the UK and Europe earlier this year.