This is an annoying situation on multiple levels because the timing of the retarded tariffs gives people an excuse to say "It's not Nintendo's fault, it's because of that" but I honestly think the success of the Switch has made Nintendo cocky enough that they would have gone with this price point anyway. And then to add insult to injury is the brazen attempt to kill physical games, you can tell it really pisses them off that people are still buying physical over digital so they just straight up make physical cost more to try and force people to go digital, eventually leading to an excuse to not make physical copies at all.
The one sign of hope I see is that Nintendo has gone through this same cycle twice before. They got overconfident due to the Wii's success, the Wii U bombed. Similar with the DS to 3DS, although they did a panic price drop real quickly on that and it ended up being successful. It seems like Nintendo never actually learns, they always think they're invincible and need to be taught the same lesson over and over again. Let's hope that's what happens here.