New tariffs may impact your business technology costs - options ahead

With new tariffs on imports from China, Hong Kong, Mexico, and Canada, businesses should prepare for rising computer and network equipment costs. Current policies include 20% tariffs on Chinese goods and 25% tariffs on Mexican and Canadian imports, with a proposed 25% tariff on semiconductors potentially taking effect in April 2025.
Businesses have options to manage these costs:
· Wait and see how tariffs develop
· Upgrade machines and absorb future costs
· Transition to Hardware as a Service (HaaS) to lock in current pricing
HaaS offers predictable costs, included maintenance, and potential savings—insulating from tariff volatility.
Explore this blog to understand tariff effects on procurement.