Tech leaders face uncertainty as Trump tariffs loom

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Tech leaders face uncertainty as Trump tariffs loom
TARIFFSTECHNOLOGYDONALD TRUMP
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As US president Donald Trump's inauguration passes into history, tech leaders face uncertainty as they wait to see if repeated promises of global US import tariffs are put into action. Both the CIO and the largest vendors will be watching keenly to see how populist rhetoric is manifested in US policy, says Gartner. Recent estimates from Consumer Technology Association suggest the price of laptops could rise between Several categories could be affected by tariffs, including hardware, software, and services. While the prospect of tariffs on imports from China and other countries in the far east could affect hardware prices, a similar move against the EU and other European countries could affect software and services. US retail giant Walmart, for example, relies heavily on SAP for its ERP systems. However, Gartner is optimistic on IT spending during 2025. It forecast an overall increase of 9.8 percent in worldwide IT spending in 2025, to reach $5.61 trillion. The highest rate of growth remains in datacenter spending, at 23.2 percent to $405 billion.

As US president Donald Trump 's inauguration passes into history, tech leaders face uncertainty as they wait to see if repeated promises of global US import tariffs are put into action.

This is what the American public voted for. This is how Trump intends to govern, so we're not in an abnormal state However, Gartner is optimistic on IT spending during 2025. It forecast an overall increase of 9.8 percent in worldwide IT spending in 2025, to reach $5.61 trillion. The highest rate of growth remains in datacenter spending, at 23.2 percent to $405 billion.

"So, in one sense, it doesn't matter if the forecast is the forecast because it's based on budgets, expectations and market mechanics. On the other hand, it matters very much to who's going to be able to make that money and how much value CIOs will be able to extract for their dollars," he said.

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