News Snapshot:
Nintendo revealed its Switch 2 in full yesterday, just hours before Trump took to the White House Rose Garden for his own launch: his latest, and largest, round of tariffs yet. Unfortunately for Nintendo, the tariffs hit the countries where it builds its consoles, with new rates of up to 49 percent that it may pass on to US buyers. The company is in this position in part because it had to adapt to Trump’s trade policy before. Its manufacturing was heavily based in China until Trump’s first term, when the combination of tariffs on China, the covid pandemic, and...