Cisco Systems CEO Chuck Robbins says the U.S.’ simmering trade war with China could significantly impact the San Jose-based networking giant, including potentially prompting it to pass on higher prices to its customers and cut R&D spending in the U.S. Already this year, the U.S. has slapped $50 billion in tariffs on Chinese imports. Now, the Trump administration is considering tacking another $200 billion in tariffs on goods imported from China, including some of the networking equipment manufactured…
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Cisco CEO: More tariffs will create ‘pain’ for company, prompt higher prices