what does it mean for mattel?he toys that are made and brought in from places like mexico, canada and china? >> well, it's great to. >> be back in. >> new york. >> a toy fair the gallery looks amazing with new innovation and great product. and of course we are looking at the developing scenario with tariffs. >> but as a. >> company, we've done a. >> lot of work over the last few years to position material with a very strong supply chain that is flexible and resilient and can respond to changing market conditions such as tariffs. >> i mean, this is an interesting point. we've heard this from every ceo we've spoken to. even brian cornell earlier this morning was talking about this. ceos and companies have been on notice, i would say, since pre-covid, maybe since the last trump administration. but then with the covid issues that came through to trying to make sure that they could diversify their supply chains. how are you working around this? what are you doing right now? where where do you bring things in from? >> w

mattel released new barbies for international women's day barbies that celebrate friendship. they include famous friends like british actress hannah waddingham and juno temple, and u.s. gold medalist jordan chiles. jade carey. two things i can get behind kate barbies and friendship. >> of course. john. they would make one of you and i as well. >> i am enough. >> yes you are. keep saying that. okay, let's move to this. just hours from now in washington, president trump will give his first address to a joint session of congress. his first address to a joint session of congress of his second term. and while some democratic lawmakers are planning to skip it, others are attending and now inviting to join them as guests. now fired federal workers, people who are among the thousands cut in these mass doge firings, asking them to join them tonight, to sit in the chamber and to be guests at tonight's tonight's speech. the next get my next guest is one of those federal workers who lost their job in february as part of the mass cuts and will be attending the president's address tonight.

mattel also under pressure even while insisting they have diversified their supply chain. take a listen to all three ceos today. >> china and mexico. >> remain the number one and number. >> two sources for products. we sell, respectively. >> while best buy only. >> directly imports 2 to 3% of our overall assortment. >> we expect our. >> vendors across our entire. assortment will pass. >> along some level. >> of tariff costs. >> to retailers. >> making price increases for american consumers. highly likely. >> go back and understand the implication of canada and mexico. we've been looking at that. we know for certain categories, like fruits and vegetables, where during this winter season, we depend on mexico for a significant amount of supply. now, those are categories where we'll try to protect pricing, but the consumer will likely see price increases over the next couple of days. >> and of course, we are looking at the developing scenario with tariffs. but as a company, we've done a lot of work over the last few years to position mattel with a very strong supply chain that

honoring friendships mattel will be releasing a one of a kind barbie doll for international women's dayhey are part of barbie's role model series, which celebrates remarkable women. the dolls are not for sale, though they were created specially for each of the womeneatured. so we can't buy them. they're just going to be there for jade and it's for jordan goddess, so we have to know them to get them. you have to be them, i think, to get them. jeff, final word for you before we go. chances. some scattered rain next two days. looking good this weekend. we'll see yo back atu >>> i was in my room. it was all dark. and like everything was just spinning away from me into blackness. it was terrifying. >> it was a whirlwind romance with mister right that morphed into a mind-bending mystery. >> my blood ran cold. >> she was like, "i feel i'm being watched." >> my phone would be followed. he said, "you could be under surveillance."

always felt that it was a claymation death match, so to speak, using clay between you two, between mattelything can happen in this toy industry. >> oh for sure. i mean, i think we think about toys and we think about our brands as let's partner with the best in the business, let's expand categories. and with companies that we don't really do a lot in. and likewise, let's open up categories that we're world class and like with play-doh to best in class partners like barbie. and you know, we thought up of plato. plato fashion as a great new play experience. and i think we turbocharge it with an iconic play brand like barbie. >> oh, totally. now i want people to understand you. you came in and you decided to a ceo. no sacred cows. if something is losing a lot of money, you can't play to win and do that. hence a change in your tv approach. >> yeah, yeah. so in 2020 we acquired e1, which was a film and tv business and a theatrical distribution business. that acquisition wasn't penciling out. we weren't getting the scale we wanted, we weren't getting the branded content we needed. and so we made

mattel up 10%. tala is up more than 11%, leonardo up 10%. and these stocks have already gained tremendously this year. it's not the first time we're looking at double digit gains. so investors really throwing their weight behind this sector. >> all right giuliana thank you very much. our julianna tatelbaum live in our london newsroom. we're going to turn back to this morning's top story and wall street bracing for the latest wave of president trump's tariffs, including as much as 25% tariffs on canadian and mexican imports into the us and adding another 10% duty to chinese imports. though commerce secretary howard lutnick says the final tariff level for both mexico and canada will be decided by the president before they go into effect. tomorrow's tariff deadline is just the first in a series of trade shocks expected to hit the global economy, courtesy of the trump administration, including april 2nd deadline for tariffs on drugs, copper chips and more. the president also hinting at possible lumber tariffs in coming weeks, signing an executiv