Cisco's CEO and CFO say additional U.S. tariffs on Chinese imports would harm American industries as a whole.
top executives told CNBC that additional U.S. tariffs on Chinese imports would not just harm the San Jose, California-based network equipment maker but American industries as a whole.
"If it goes to all China imports it's not only going to impact us, but it's going to impact every industry," Cisco CFO Kelly Kramer said Wednesday evening on CNBC's "With a stalemate in trade talks, the Trump administration this week released a list of about $300 billion in Chinese goods thatCisco Chairman and CEO, sitting next to Kramer, said the company was prepared for last week's tariff hike to 25% from 10% on $200 billion worth of Chinese goods, making the...
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Amazon cracks top 5 in Fortune's top 500 largest companies as Walmart keeps top spotWalmart tops Fortune's list of the United States' 500 largest corporations by revenue for the seventh year in a row.
Read more »
Cisco earnings, revenue forecast top Wall Street estimatesCisco Systems Inc. reported quarterly results that topped Wall Street estimates Wednesday, while the networking company’s revenue forecast for the end of its...
Read more »
Cisco rises on strong revenue guidanceCisco beat on top and bottom lines and delivered better-than-expected revenue guidance.
Read more »
Cisco stock rises as earnings, revenue forecast top Street estimates amid tariffsCisco Systems Inc.’s stock rises in the extended session Wednesday after the networking company reports quarterly results that top Wall Street estimates and...
Read more »
Top Democrat blasts Donald Trump for acting like a 'dictator' and threatens 'very large' contempt finesThe White House’s assertion that it does not need to comply with Congress’ oversight investigations is reminiscent of “a dictator,” said House Judiciary Committee Chairman Jerrold Nadler.
Read more »
Top FBI officials were 'quite worried' Comey would appear to be blackmailing TrumpSenior FBI officials were concerned then director James Comey would appear to be blackmailing then President-elect Trump – using tactics notoriously associated with J.Edgar Hoover – when he attended a fateful Jan. 6, 2017 meeting where he informed the real estate magnate about allegations he had consorted
Read more »
Trump, frustrated by advisers, is not convinced the time is right to attack Iran“They are getting way out ahead of themselves, and Trump is annoyed,” one official said of aides pushing for aggressive action.
Read more »
Trump to nominate Shanahan for top Pentagon postWASHINGTON (AP) — President Donald Trump will nominate Patrick Shanahan to be his second secretary of defense. The former Boeing executive has been leading the Pentagon as acting secretary...
Read more »
Trump, top Republicans attack Rep. Tlaib over comments on Israel and HolocaustPres. Trump joins top House Republicans in attacking Rep. Rashida Tlaib, D-Mich., for her recent comments on the Holocaust and Israel while several top House Democrats are coming to her defense.
Read more »
IRS evasive on recusal of top lawyer who worked with TrumpRachel Maddow raises the question of whether Michael Desmond, IRS chief counsel, who reportedly enjoys Donald Trump's favor and has worked with Trump in the past, should be recused from dealing with the current fight over the release of Trump's taxes given his apparent conflict.
Read more »