5/16/2018
Robyn Beck/AFP/Getty Images

Imposing tariffs on China will raise the price of TVs in the US without affecting China's trade policy because the lion's share of TV panels are made in China, Best Buy merchandising and marketing chief Mike Mohan told federal trade officials Tuesday. Tariffs will "not accomplish the desired purpose and instead will have negative unintended consequences on US retailers like Best Buy, American workers, and consumers," said Mohan, one of 44 business people set to testify during the three-day public hearing.

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