US government-imposed tariffs are altering global trading dynamics, particularly impacting IT procurement. Since their inception under the Trump administration, retaliatory tariffs from other countries have further complicated matters. Notably, organizations such as NHS Trusts have postponed IT upgrades due to pricing uncertainties caused by tariffs. The multifaceted nature of IT procurement, with its reliance on lengthy supply chains and varying tariff structures, makes the full extent of these impacts challenging to quantify, yet they will likely lead to increased costs for end customers over time.
Tariffs will likely drive up costs for end customers in the long run as suppliers have to pass on those expenses, says Michael Bayer.
The longer term impact of US tariffs and retaliatory measures from other countries is hard to predict due to political negotiations and organization purchasing changes.
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