President Trump's White House is entering critical meltdown, Stephen Colbert said on Thursday's Late Show. "Wow, the White House tours must be getting really interesting. 'Okay, now we're passing the Lincoln Bedroom — on your right, you'll see John Kelly suffocating Jared Kushner with a pillow, and on your left you'll see the claw marks on the wall left by Steve Bannon as they dragged him to the curb.'" One manifestation of the chaos was Trump's apparently unscheduled announcement of steep tariffs on steel and aluminum imports.
Economists aren't a fan of Trump's proposed tariffs, Colbert explained, and the Dow "sunk like an anchor made of solid American steel. So, the market has spoken — unfortunately, I cannot repeat the word it said on CBS." The new policy will likely raise the price of everything from canned beer to cars, and other countries are already threatening to retaliate, but "what's interesting is how Trump came to this decision," Colbert said. "So Trump is making radical changes to our economy because he's cranky?"
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
How the UK's electric car plans took a wrong turnThe Explainer Car manufacturers are struggling to meet 'stringent' targets for electric vehicle sales
-
Irish election: what's at stake?Today's Big Question Weakened centrist coalition of Fine Gael and Fianna Fáil parties may have to share power with conservative independents
-
Best UK literary festivals of 2025The Week Recommends From Hay and Cheltenham to Henley and Oxford, here are some of the year's top events for book lovers
-
US charges Indian tycoon with bribery, fraudSpeed Read Indian billionaire Gautam Adani has been indicted by US prosecutors for his role in a $265 million scheme to secure solar energy deals
-
Boeing machinists approve contract, end strikeSpeed Read The company's largest union approved the new contract offer, ending a seven-week strike
-
US economy still strong in final preelection reportSpeed Read It grew at a solid 2.8% annual rate from July through September
-
Boeing machinists reject deal, continue strikeSpeed Read The rejection came the same day Boeing reported a $6.2 billion quarterly loss
-
Ports reopen after dockworkers halt strikeSpeed Read The 36 ports that closed this week, from Maine to Texas, will start reopening today
-
Empty-nest boomers aren't selling their big homesSpeed Read Most Americans 60 and older do not intend to move, according to a recent survey
-
Brazil accuses Musk of 'disinformation campaign'Speed Read A Brazilian Supreme Court judge has opened an inquiry into Elon Musk and X
-
Disney board fends off Peltz infiltration bidSpeed Read Disney CEO Bob Iger has defeated activist investor Nelson Peltz in a contentious proxy battle
