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CSCO - Investment Opportunities In A Trade War Environment
Cisco Systems Inc.
The largest trade war in economic history to date. Those were the words used by China’s own Ministry of Commerce in March 2019 to warn about increasing tension between China and the United States. Since US President Donald Trump followed through on months of threats to impose sweeping tariffs on China for its alleged unfair trade practice in July 2018, the US has already slapped tariffs on US$250 billion worth of Chinese products and has threatened tariffs on US$325 billion more. China, for its part, has set tariffs on US$110 billion worth of US