Donald Trump has imposed a 50 per cent tariff on Indian goods.
Late-night show hosts Stephen Colbert and Jimmy Fallon have slammed US President Donald Trump for imposing a 50 per cent tariff on India.
Mr Trump has imposed a 50 per cent tariff on Indian goods, including 25 per cent that kicked in on Thursday and another 25 per cent due to come into effect on August 28 as a penalty for buying Russian oil.
During his "The Late Show", Mr Colbert said President Trump's tariffs on India will raise the price of items like gauze, bandages, and wading.
"Yeah, yeah. Perfect time to introduce my new product, Steve's wad. What's in them? What do you care? You're bleeding. It's a wad," he joked during the show on Thursday.
"I hope you remembered to set your clocks back to 'more expensive,'" he said after Mr Trump's sweeping new tariffs on more than 90 countries around the world came into effect
Calling Mr Trump's tariffs "huge", he said the US administration has raised the import taxes to the highest level since the Great Depression in 1929.
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