Donald Trumps highly anticipated tariffs plan has now gone into effect, prompting a flurry of reactions from late-night television hosts who responded with a mix of humor and horror as the economic landscape shifts dramatically.

On The Late Show, host Stephen Colbert opened his segment with a sardonic warning to viewers. He remarked, I hope you have finished your Christmas shopping because today was officially the last shopping day before tariffs on imported goods come into force at midnight tonight. So dont forget on Amazon to click 23-minute shipping.' This quip underscored the urgency consumers felt as the tariffs were set to make a significant impact on holiday shopping.

Colbert went on to detail the specifics of the tariffs, highlighting a staggering 104 percent markup on imports from China. One-hundred-and-four percent Chinese tariffs are going to make everything more expensive, Colbert stated emphatically. Think about itiPhones, laptops, and those wonderful knockoff toys you can only find at gas stations are all going to see a price increase. In typical Colbert fashion, he also introduced a parody advertisement featuring Turner Classic Movies Trade War Movies, comically dubbing one of them as Apocalypse Dow.

Meanwhile, on The Daily Show, correspondent Desi Lydic continued the late-night segment titled Trade Wars, a clever play on the iconic Star Wars franchise. She remarked on the turbulent economic situation, saying, Its been one week since Donald Trump announced his bold vision for destroying the economy, and guess what? His plan is working. Lydic remarked on the unique instability the economy is experiencing, stating, The only upside is that this crash is much easier to understand than the 2008 one. Remember The Big Short, where they had to have Margot Robbie explain it in a bathtub? Heres how that would go today. She then played a cleverly edited clip of Robbie proclaiming, Trump did it! which elicited laughter from the audience.

Similarly, on Jimmy Kimmel Live, host Jimmy Kimmel opened his show by reflecting on the bizarre nature of current events, humorously stating, I have to say, what a crazy country we live in. Its hard to remember what things we used to be worried about. He highlighted the plummeting numbers of the Dow and the NASDAQ indices, adding, Somehow, Donald Trump has managed to transform the stock market into Kanye West.

In a segment that garnered much attention, Kimmel touched on trending issues, referencing a story about the wife of Weezer's bassist being involved in an officer-involved shooting, along with other peculiar news. He also highlighted a commentary on Trumps tariff policies, stressing that economically indefensible math was being employed in the tariff implementation process.

During his monologue on The Tonight Show, Jimmy Fallon added his comedic twist, joking that due to the impending tariffs, you have 20 minutes to buy everything youll need for the rest of your life. He remarked on the seriousness of the China tariffs, quipping, Trump isnt messing around with China. Now hes threatening to not invite them to his birthday party. Fallon humorously observed, As a result of the tariffs, Americans are now racing to buy iPhones because prices are about to spike. Yep, iPhones and toilet paper are the two most essential bathroom items.