bob hormats. >>> let's get back to our guest host for this hour terry lundgren who is the former chairmanody who spent his entire life in retail and finding what this means, what would happen if goods coming back from china are all taxed at a 25% tariff >> well, it'd be a big problem, frankly. because a little bit of inflation in the apparel business is not a difficult thing for consumers and it can benefit retailers because the retail is lifting and it helps comp store sales growth. a little bit of inflation i thought was okay 25% is a problem so it's hard to cover that up. now, i can tell you right now that companies, retailers, others, are moving production, doing their best to move production because of the uncertainty we don't know if this is going to happen or not so we're hedging our bets. i know other companies are doing the same looking to indonesia, looking to vietnam. looking to other places they can manufacture other products >> how quickly can they make those changes? >> they've been doing it for awhile it's not a brand new subject but the capacity just isn't there. china has