Jon Stewart used this week’s instalment of The Daily Show to mock Donald Trump's new nickname for those concerned about his trade tariffs which are causing economic chaos around the world. The comedian began his monologue by describing the US economy as being in “the midst of a beautiful metamorphosis” as it transforms from a “beautiful caterpillar” into a “dead caterpillar”.

With President Trump’s tariffs spurring a stock market breakdown, Jon Stewart is disappointed by Trump’s uninspired attempts to save face. In his Monday monologue, Stewart showed viewers Trump’s recent Truth Social post telling Americans,