These memes dunking on Trump's tariffs prove he's a laughing stock on all seven continents

The Trump administration’s new sweeping tariffs are causing foreign leaders to consider retaliatory measures and average Americans to gird their loins against impending price hikes. But amidst all of the chaos and the plummeting stock market are glorious memes dunking on President Donald Trump.

On Wednesday, Trump escalated his ongoing trade war by announcing a 10% tariff on imports into the United States and high tariffs on goods from dozens of other countries, including 49% for Cambodia, 34% for China, and 20% for the European Union.

Trump’s “Liberation Day” event, meant to “Make America Wealthy Again,” threatened to upend global alliances and caused Canadian Prime Minister Mark Carney to announce they plan to “fight these tariffs with counter measures,” and EU chief Ursula von der Leyen to say that this trade war will be "dire for millions of people around the globe,” Reuters reports.

Russia was notably absent from the list of other countries subject to increased tariffs, but several places were on the list that aren’t inhabited by humans at all. The internet has latched onto Heard Island and McDonald Islands, roasting Trump for asking penguins to pay tariffs since no people live there. "The penguins are going to pay for what they did to our country. Believe me,” someone joked.

Other hilarious memes ranged from posting that Trump shouldn’t have gotten rid of Diversity, Equity, and Inclusion because DEI clearly stood for “Da Economy Intact” and quipping that "now economists know how scientists felt when he said 'inject bleach.’”

Keep scrolling to see the funniest memes reacting to Donald Trump’s tariff spree!

"What is Trump's endgame?"

"Now economists know how scientists felt when he said 'inject bleach'"

"Ohhhh. So THIS is what they were talking about."

“'Girl, the tariffs…' is the new excuse I’m using to not go out"

"For too long, America has had an economy"

"Tariffs memes are the hottest thing right now, so post your favorites"

"Americans celebrating Trump's tariffs."

"DEI stood for Da Economy Intact"

"We're cooked"

"how it feels to watch the economy collapse through memes on twitter"

"BREAKING: Citizens of Heard and McDonald islands have issued a statement after trump's 10% tariff."

“10% tariffs. Beautiful tariffs. And the penguins - big, strong penguins - come up to me, tears in their eyes: ‘Sir, please, no tariffs. We can’t compete with American penguins.’ But I say, ‘America first.’ They don’t like it, but it’s happening.”

"America right now"

"Kramner, what's going on here?

It's a trade war, Jerry"

"*47% TARIFFS ON MADAGASCAR"

"The Penguins getting ready for a military strike in retaliation for the tariffs:"

"He tariffed penguins but not Russia. Got it"

"The penguins are going to pay for what they did to our country. Believe me. "

"Tariffs like these raise prices and don't work. But if you skipped class the day we all learned that – here's a refresher:"

“I’m building a wall around Antarctica and the Penguins are gonna pay for it.”

"unprecedented protests this morning on heard and macdonald islands, as the population rises up against trump imposition of 10% across the board tariffs."

“Look, the prices of goods going up and my portfolio going down isn’t necessarily a bad thing, because I love working and that just means I need to grind even harder now”

"Can someone please tell Donald Trump that the only people in the British Indian Ocean Territory are the U.S. base at Diego Garcia? He’s taxing an American military base."

"You've been. You've been very unfair. So unfair. 10% tariffs. Beautiful tariffs."

"checking my portfolio this morning"

"Things are getting tense after Trump announced tariffs against Antarctica."

"Donald Trump slapped tariffs on penguins and not on Putin."

"reciprocal tarrifs"