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Source: Common Domain

Cisco earnings: Tariffs could throw a wrench into strong sales momentum


Cisco Systems Inc.’s strong year may hit speed bumps going into 2019, as higher prices and uncertainty in the U.S.-China trade war raise the possibility that businesses may cut back on enterprise spending to weather the effects of tariffs.

Cisco generates nearly 52% of sales from U.S. buyers, according to FactSet, with the next largest source being mainland China, which accounts for 3.3% of sales.

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