this samsonite is hard to find. you can hear him having a conversation with the baggage attendant talking about a recent ufc fight. >> he's a really good fighter, too. >> yes, you don't say. >> there you go. >> as he opens up his suitcase -- >> oh, no. no! why would you take that? >> why would you walk around with that everywhere. >> you know you have to walk around with your belt at tsa. >> that's his career. >> how long was he separated from this thing? >> eight whole days. can you imagine how he felt when he got the call? >> i missed her. >>> this would be the second piece of gold he lost. he lost the olympic gold medal last year in the wildfires. and he says that was just the relief that he was able to bring this one back home. >> next time wear it, henry. >> don't you ever leave my sight again, you hear me? do you hear me? >>> it's a new facebook watch series with a futuristic twist. >> and what makes you think if we would stop asking, what is the worst that could happen? >> and start asking, what is the best?

an advertisement for a piece of luggage from amazon that seemed remarkably identical to one from samsonite. a company it told retailers it had it raise prices. when i comparison shopped amazon was half the price so a combination of the competition from the retail death star and either higher prices or higher costs caused by tariffs could mean the department stores can't make their numbers that's why the stocks were shelved. more later in the show let's do some back of the envelope thinking. if the president takes these tariffs to 25% come january and all the current manufacturers keep making things in china and every penny of the tariffs is passed on it comes to $1,000 per family not a big deal it's highly unlikely if the tariffs were going to fall on the heads of consumers, the retail stocks wouldn't have had such a mess today. plus we did just get a tax cut, right, that makes up for the tariff figure every time i do the numbers. this may be one big rotation out of growth into value with people selling the expensive stocks and selling stocks on a discount for the s&p 500. so if we can jus

samsonite are saying we're going to have to raise our wholesale prices. yuan is 6% overvalued. we prevaricate everyday over whether they're going to weaponize the yuan. it is overvalued, they have a host of triggers they can use. what is next for the chinese in terms of bolstering the tariffs story? >> it seems the chinese government is not using the yuan as a weapon at this stage. nejra: they said they are not as well. >> they are using other methods to bolster specific companies in the economy by providing specific grants into parts of industry to make sure they are not weakened to a point where there is a structural weakness. that is . is what the chinese government are worried about. we will see if that turns out to be true. the chief investment officer at st. james's place stays with us. opec gives a tepid response to trumps request for lower oil prices. ♪ >> we can bring an additional million and a half. millionbrought over 100 starting in june. the rest is subject to demand. >> a lot of countries have spoken about their potential capacity. nobody has stated exact figures

samsonite luggage maker and toyota. vonnie: peter, we will check in with you again.ant to reiterate breaking news. new york times is saying progress in stein suggested last year he secretly recorded president trump. this is bloomberg. ♪ mark: i'm mark crumpton with first word news. president trump continues to defend brett kavanaugh against an allegation of sexual assault. tweetedident today that his supreme court nominee is "a fine man with an ."peccable reputation the president also wondered why forder christine blasey did not file charges when she and cavanaugh were in high school. -- russian companies and individuals. "yet another act of unfair competition." he addressed reporters in the bosnian capital today, a day announced that a chinese military agency and its leader will face sanctions over russian weapons. european union council president diebold -- the european union council president says he believes it right that compromise is a -- still possibl. commons comes hours after prime minister theresa may criticized the eu for dismissing her brexit proposals. s

the same thing you can get from samsonite, but double the price.hey're moving to make things other places, and then there's amazon the amazon factor does keep prices down. >> though there is another part to this. i was talking to the kreismt ohm. they sell into the home, fairly significant. they manufacture both here and in mexico. what is interesting is because what will be sent from china to mexico will not be under tariff this ceo is thinking about downsizing manufacturing in the u.s. to mexico because of the tariffs ufrts not to mention jack ma and his broken promise today illustrates a million jobs, he should have been further along in the process >> of course he had kind of promised lop term was about empowering small businesses here in this country that smell through the alibaba, and that was a pretty long-term and ambitious goal, but it no longer exists. >> but david is right in terms of -- remember martin franklin, who used to run jarreden it was to make it mexico, i think a lot of factories have. >> the idea is to create jobs in the unite

samsonite, another company when they will have to increase prices as well on their luggage because ade and sourced in china. furniture, expect to pay two percent were starting next week. the four percent in january. it is not just walmart that has been complaining. others need to increase prices if the trade war with china is not resolved. gas is 22 percent from china. coca-cola is another company that warned of higher tariffs. not untried about global steel and aluminum, they will also have to raise prices for the trade. they're not told us how much just yet and they have not raised prices at all so far in 2018. the list really just goes on in terms of the other companies. i'm trying to get a list here in my head because it is so long at this point. jack daniels and the like, course harley-davidson. >> i worry about the futons and jack daniels. >> i thought so! >> that is where i'm drawing the line. not on my watch! thank you susan. you will be back later. the president weighing in on a go around involving google. after this. ... today, 97% of employers agree that skills like teamwo