In a recent episode of “The Late Show with Stephen Colbert,” host Stephen Colbert delved into the chaos and uncertainty caused by President Trump‘s actions over the past 10 weeks. Colbert highlighted how Wall Street’s desire for a pro-business president who can provide certainty for long-term business planning may no longer hold true.
Trump has been exercising his nearly unchecked trade authority, implementing tariffs on various countries without providing any clear reasoning or timeline for these actions. This lack of guidance has resulted in confusion and anxiety among businesses and investors.
The upcoming “Liberation Day” tariffs, which Trump plans to announce on Wednesday, are causing further concern. Colbert humorously emphasized that these tariffs will apply to all countries, even the Federated States of Micronesia. While no one knows the full extent of the tariffs, the uncertainty has already led to speculation about rising prices for various goods, including cars.
Trump’s recent announcement of a 25% tariff on imported autos and parts has raised fears of higher vehicle prices. Experts believe that these tariffs could add $10,000 to $20,000 to the cost of vehicles, potentially making the most popular car model a public bus. Trump’s desire to bring back manufacturing to the US by having automakers produce all their parts domestically also presents significant challenges for the industry, as it would require consistent tariffs for decades to allow for a proper transition.
Interestingly, in a recent interview, Trump did not rule out seeking a third term in office, despite the Constitution’s clear prohibition of this. While such a scenario seems unlikely, it raises questions about his intentions and the potential for further chaos in the future.
Additionally, Colbert couldn’t resist mocking Vice President Mike Pence‘s recent visit to an American military base in Greenland. Trump’s supposed interest in taking over Greenland and Pence’s cold reception in the arctic territory sparked ridicule. Colbert highlighted that this bizarre idea led to tensions between the US and Denmark, as Greenland is one of their territories.
Meanwhile, Trump’s recent executive order targeting the Smithsonian museums has caused outrage. Colbert lamented the order’s aim to remove what the president deems divisive race-centered ideology from these institutions. The Late Show host sarcastically suggested that the pandas in the National Zoo should either be all black or all white, implying the order’s absurdity.
Trump’s actions continue to sow domestic chaos, and this latest move threatens the integrity and historical examination conducted by the Smithsonian museums.
As another week passes in the Trump administration, one can’t help but wonder what other unpredictable and controversial actions will unfold.
Be sure to tune in to “The Late Show with Stephen Colbert” for more political commentary and satirical insights.
