Cisco is focusing on adjusting its supply chain rather than raising prices to address the impact of 25% tariffs on steel and aluminum imports. The company has reduced its tariff exposure for goods from China by 80% and is prepared to implement further strategies as tariff policies evolve. With nine manufacturing sites globally and recent expansions in India, Cisco aims to diversify its supply chain. Despite the potential effects of additional tariffs, Cisco projects slightly higher revenues and earnings per share for fiscal year 2025.
Source: https://www.supplychaindive.com/news/cisco-china-tariff-supply-chain-changes/741276/