In a recent episode of The Late Show with Stephen Colbert, host Stephen Colbert wasted no time diving into the topic of the ongoing trade war initiated by President Donald Trump. With his signature wit and humor, Colbert entertained the audience while shedding light on the potential effects of these tariffs.

Colbert began by jokingly commenting on his exhaustion, as he had stayed up late the previous night to host a live show following Trump’s address to Congress. He then delved into the President’s focus on defending the 25% tariffs imposed on Canada and Mexico. Referring to these tariffs as the “dumbest trade war in history,” Colbert playfully compared them to a childhood trade gone awry, with humorous references to Dunkaroos and apple smoothies.

Providing further analysis, Colbert highlighted the concerns of economists, as reported by The Wall Street Journal, who believe Trump’s trade war could be his biggest economic gamble yet. Colbert couldn’t resist mentioning Trump’s own business failures, humorously alluding to the multiple bankruptcies of his casinos.

Colbert went on to discuss the potential impact of these tariffs on various industries and everyday items. He quipped about the potential rise in prices for Mexican tequila, jokingly suggesting they may need to change the lyrics of popular songs. Colbert humorously lamented the potential shortage of avocados for guacamole, playfully suggesting Americans may have to settle for “peracamole” instead.

The effects of these tariffs were already being felt. Colbert referenced the CEO of Target’s announcement of price increases, leading to a humorous change in the company’s slogan from “expect more, pay less” to “pay more, shut up.” The automobile industry seemed to be the hardest hit, with the price of a Dodge Ram truck skyrocketing from $80,000 to $100,000, leaving Americans to consider alternative options like abandoned pickups found deep in the woods.

Colbert also touched on the external effects these tariffs were having on other countries. In response to Trump’s actions, China imposed its tariffs, affecting American agricultural products like sorghum, beef, and pork. Colbert humorously pondered over the concept of sorghum, highlighting the unfamiliarity most Americans have with this agricultural product.

The talk show host didn’t leave out the concerns of farmers and the rising prices of groceries. He mockingly attributed it all to the previous administration’s mishandling of the economy and jokingly portrayed himself as a federal worker out of a job. Colbert also pointed out the irony of Agriculture Secretary Brooke Rollins suggesting Americans start raising their own chickens to counter the high egg prices.

Taking this idea to the extreme, Colbert mentioned the emerging trend of chicken rentals, where one can rent a chicken and receive a steady supply of eggs. He playfully imagined the challenges of renting chickens and poked fun at the idea of millennials complaining about not being able to own their own rooster, contrasting it with their parents’ accomplishments at their age.

In his inimitable style, Colbert mixed comedy and commentary to capture the audiences’ attention and shed light on the effects of Trump’s trade war. With his clever jokes and humorous observations, he managed to deliver both entertainment and insight on the topic.

Note: The air date, as stated in the information provided, is missing. Please insert the air date before publishing the article.