Warm weather has barely arrived, but President Trump is sounding more like the Grinch than the staunch defender of Christmas that he’s been in the past. Here’s the president talking on Wednesday about whether he’s negotiating with China’s leader to de-escalate the tariff war — a standoff that threatens to make many Chinese products too expensive to sell in the United States: “It’ll happen,

Stephen Colbert roasted President Trump’s view that American kids might have to “have two dolls instead of 30” because of his sweeping tariffs. On The Late Show, Colbert blasted Trump’s attempt to defend the economic pain caused by his levies on China—with retailers fearing toy shortages at Christmas due to supply chain disruptions.

President Donald Trump is telling the nation's children to make do with less. The vast majority of toys sold in the United States, 80%, are made in China, and with a 145% tariff on imports, factories have halted all shipments.