Nintendo announced Friday it would raise the price of its Switch 2 consoles to $500 starting Sept. 1. The price increase of $50 is the first time the Switch 2 has gone up in cost since its launch last June.  "This is in response to various changes in market conditions, which are expected to extend over the medium to long term," the company said in a  press release . "We understand that pricing changes can be challenging for customers and deeply appreciate the continued enthusiasm of our fans for Nintendo products and experiences." When the Switch 2 launched in June last year, there was a concern that Nintendo would be forced to raise its new console's previously announced price due to the tariffs imposed by President Donald Trump in April 2025. Like many tech devices, Switch 2 components come from production plants in Vietnam and China, two countries hit hard by the tariffs, but Nintendo was able to keep the console's price at $450 for the base unit.…