Starting Thursday, you can expect to pay more for a new PlayStation, thanks to "a challenging economic environment."

Sony is raising the price of all PS5 models by $50 in the US. The company cited the “challenging economic environment,” which includes the tariffs President Trump has placed on imported products. The changes will go into effect on Thursday, and the new prices are as follows:

Sony held out longer than Microsoft and Nintendo, but it too is increasing the prices of PlayStation consoles in the US starting on August 21. The standard PS5 (the one with with a disc drive) will now run you $550,