Originial Article: https://money.cnn.com/2018/09/06/technology/tech-companies-tariffs-china...
Four major tech companies have sent a last minute letter to the Office of the US Trade Representative asking to be exempted from a possible new round of tariffs on $200 billion worth of Chinese imports.
The companies, Dell, (DVMT) Cisco (CSCO), Juniper Networks (JNPR)and Hewlett Packard Enterprise (HPE), are worried the tariffs will increase the costs of their networking equipment, damaging the companies' bottom lines and leading to possible US job losses.
They say the increase in prices would negatively impact customers, small businesses, internet service providers, and data centers. The tariffs would hinder innovations important to the US government, such as cloud computing and the rollout of 5G networks, according to the letter.