On Wednesday’s (March 12) episode of The Late Present, Stephen Colbert centered on how President Donald Trump‘s tariffs are impacting the financial system, together with doubtlessly growing the value of beer cans.
In his opening monologue, Colbert described the present financial system as a “toboggan trip to Skid Row,” noting the way it’s “all courtesy of Trump’s on-again, off-again tariffs. However right this moment, Trump applied a plan to quell worry of tariffs with extra tariffs. Now, keep in mind, you bought to battle fireplace with setting our cash on fireplace.”
The late-night host referenced how “sweeping tariffs on international metal and aluminum” went into impact on Wednesday earlier than turning to the digital camera and quipping, “Aluminum? Foiled once more!”
“In fact, these tariffs, like all tariffs, are a tax we pay on the stuff we purchase,” Colbert continued. “For instance, the value of a brand new automotive might improve by as a lot as $12,000. So, any more, youngsters are gonna should attempt to get to 3rd base within the backseat of a motorbike.”
The comic then identified how the tariffs on aluminum might additionally improve the value of beer cans. Nonetheless, Colbert has a plan.
“I do know, it’s upsetting, however to not fear,” he instructed his viewers. “The Late Present is proud to announce our new sponsor, Sackweiser.”
Colbert pulled out a plastic sack stuffed with beer, joking, “You realize their slogan. Suck on a sack!” He then snipped the nook of the bag with a pair of scissors and chugged the beer.
“These tariffs actually make you notice how a lot steel stuff is made out of steel,” he added. “Costs go up on furnishings and furnishings elements, air-con elements, and horseshoes.”
“Yeah, so horses, goodbye clop clops,” Colbert quipped. “Whats up, flip-flops.”
He additionally famous that each time Trump implements a brand new tariff, different nations improve their tariffs on items from the US, together with Canada and the EU taxing American exports equivalent to sports activities tools and swimming swimming pools.
“That’s high-quality,” Colbert responded. “We don’t have to ship swimming swimming pools to Canada. We all know they’re simply gonna freeze them and do a hockey on there. Go puck your self!”
You’ll be able to watch Colbert’s full opening monologue within the video above and tell us your ideas beneath.
The Late Present With Stephen Colbert, Weeknights, 11:35/10:35c, CBS