Trump's tariffs are already impacting prices, forcing businesses to reassess supply chains
- Cisco is focusing on supply chain adjustments to mitigate the impact of 25% tariffs on steel and aluminum imports, as noted by EVP and CFO Richard Scott Herren during a February 12 earnings call.
- The company has reduced its tariff exposure for goods from China by 80% and started operations in India in 2023 to diversify its supply chain.
- New tariffs on imports from Canada, Mexico, and China are expected to raise prices on goods and may impact costs for businesses, as highlighted by various sources.
- President Trump stated that tariffs aim to protect the country, indicating that they may disrupt supply chains and raise costs for consumers.
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Total News Sources8
Leaning Left1Leaning Right0Center3Last UpdatedBias Distribution75% Center
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- 75% of the sources are Center
75% Center
L 25%
C 75%
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