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 probably growing the worth of beer cans.
In his opening monologue, Colbert described the present financial system as a “toboggan journey to Skid Row,” noting the way it’s “all courtesy of Trump’s on-again, off-again tariffs. However in the present day, Trump carried out a plan to quell concern of tariffs with extra tariffs. Now, bear in mind, you bought to battle hearth with setting our cash on hearth.”
The late-night host referenced how “sweeping tariffs on overseas 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 worth of a brand new automobile may improve by as a lot as $12,000. So, any longer, youngsters are gonna need to attempt to get to 3rd base within the backseat of a motorcycle.”
The comic then identified how the tariffs on aluminum may additionally improve the worth of beer cans. Nevertheless, 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 crammed with beer, joking, “You understand 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 understand how a lot metallic stuff is made out of metallic,” he added. “Costs go up on furnishings and furnishings components, air con components, 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 similar to sports activities tools and swimming swimming pools.
“That’s wonderful,” Colbert responded. “We don’t must 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 under.
The Late Present With Stephen Colbert, Weeknights, 11:35/10:35c, CBS