levi strauss came along and improved on the idea of denim pants.e improved on them by adding rivets to the joints so they became much more durable and difficult to rip them so they were popular with people during the california gold rush, people who needed really hard wearing clothes. one of the reasons i bring him up is because he is an example of how the entire country, whether or not they expressly, overtly brought it up, the entire country's economy benefited from enslaved labor. even levi strauss, who says on his tags that he is the only manufacturer of denim that does not -- that uses all white labor, he wants people to know, i don't use chinese labor. i don't use enslaved labor. i use all white labor and that was supposed to be -- it was almost like a made in america sticker today. that is how he wanted people to see it. you know, if you do some more digging, you can find that of course, very often, the cotton levi strauss was using, grown by slave labor, the knowledge of how to dye indigo, brought over by enslaved africans from western afri

levi strauss was very famous for creating what we now refer to as levi's.t was not the inventor of denim pants, he was not the inventor of jeans. people had been wearing jeans a long time prior to that. there are examples of people wearing jeans when they escaped enslavement. you can find advertisements that describe an escape enslaved person is wearing what they referred to at the time as negro cloth for jeans. levi strauss improved on jeans. they were popular with people during the california gold rush. people who needed hard clothes. one of the reasons i bring him up is he is an example of how the entire country, whether or not they expressly brought it up , the entire country's economy benefited from in slave labor. even levi's sloughs who says -- even levi straussho says on his tags is the -- he is the only manufacturer of denim who uses all white labor, he wants people to know i don't use chinese labor or enslaved labor, i use all white labor, it was almost like a made in america sticker. that is all he wanted people to see at. if you do more digging

levi strauss, cfo, says its sourcing from china and mexico is immaterial, and mexico sourcing immaterialds, maker of lee, wrangler and other denim. >> brands. >> does have 38 factories in mexico. now, unfortunately, best buy's two biggest countries for sourcing. >> product are china and canada. >> 30% of boot boot barn products are made in china, 25% more from mexico. and around half of steve madden sales are products imported from china or mexico. they are looking to reduce that risk. a significant amount of canada goose's production is in canada. but that's a premium product. so even if tariffs. get passed through on prices, it likely won't impact demand too much. on those big puffy coats. sarah vietnam fourth biggest trade deficit that i highlighted this morning. so that would be a big problem if he is there next. >> thank you courtney very much. >> so courtney reagan good rundown there of the tariff risk after a break. elon musk's growing influence as he slashes. >> his way through. >> the us government. >> plus, president. >> trump. >> ordering the creation. >> of a sovereign wealth

but levi strauss cfo says it sources just 5% from mexico, less than 1% from china. >> calling both immaterial abercrombie calls mexico. >> sourcing immaterial. >> as well. >> though kontoor. >> brands, the maker. >> of lee, wrangler. >> and other denim brands, does have 38 factories in mexico. no, tariffs on. >> canadian imports and additional. tariffs on chinese made goods. >> is trouble for. >> best buy. those two countries. >> top two countries. >> of import. >> and boot barn 230% of its goods are made in china. >> 25% from mexico. around half. >> of steve. >> madden sales. >> are products. >> imported from china or mexico. >> now. >> home depot says only that it will source. >> the. >> majority of. >> its goods. from north america. >> so some. >> portion of that is likely lumber. >> from canada and. >> a. >> big starting point for home improvement projects. so the retailer. >> has always noted that lumber price volatility can dramatically influence influence spending trends. so that's. >> one. >> that we. >> are. >> a little worried about there. >> but we don't have a lot. >> of further d