Farooq Kathwari

It's a pleasure.

Not really.

Because of the fact, as we mentioned, it has created more of a positive perspective for us.

Although, interestingly, in North America, the only place where we do have some significant tariffs are 25% in Mexico.

Now, Mexico, when we went about 20 years back south of the border to Mexico, to Honduras, it was under the North American treaty.

No tariffs.

With all kinds of political issues and everything else, there are tariffs in Mexico.

But for us, the impact is less because we operate and own the plants.

So we today have manufacturing in Vermont.

That's where we started.

You know, we started 94 years back.

with manufacturing in Vermont and then went manufacturing from New Hampshire through all the way to California.

But 20 years back, we said, no, manufacturing was going away.

We said, what do we do?

We said, no, we'll maintain manufacturing in North America, but we'll go to Mexico and Honduras.

We operate those.

And in fact, it's interesting that today, 20 years later, a customer does not know if a piece of furniture is made

in Vermont or made in Mexico or in Honduras.

The level of quality, everything is the same.

No, that's absolutely.