Buying the latest-gen Sony console just got more expensive as the company just raised the price of PlayStation 5 consoles.

Sony is announcing PlayStation 5 game consoles will cost American consumers $50 more starting this week. The company did not give a reason for the price hike, but companies have been warning for months that tariffs could send prices higher on thousands of items,

Sony will raise prices of its PlayStation 5 consoles in the United States by around $50 from Thursday, as the Japanese conglomerate navigates a slow recovery in the videogame market while U.S. tariffs threaten to raise costs.