Trump tariffs to slow U.S. companies' digital spending, Fujitsu says

Manufacturers, retailers and public sector to be hard hit: Americas chief Poonja

20250213 N Fujitsu logo

The Japanese technology group has been shifting its focus away from hardware and towards IT services. © Reuters

PAK YIU

NEW YORK -- Japanese tech company Fujitsu expects Donald Trump's trade tariffs to hit its North American operations this year, as trade uncertainty causes clients to rein in spending on digital solutions.

Asif Poonja, chief executive of Fujitsu's Americas business, told Nikkei Asia that the U.S. president's trade policies will hit manufacturers, retailers and the public sector -- his company's primary clients -- particularly hard. The volatile trade environment will likely affect Fujitsu's double digit revenue growth target, he added.

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