Donald Trump mocks Timothée Chalamet and Harry Styles during SNL cold open

'The stock market is going in one direction, down,' James Austin's Trump remarked

Donald Trump was at the center of the latest political satire on Saturday Night Live, where the show’s cold open included jokes about Timothée Chalamet and Harry Styles.

In the sketch, actor James Austin Johnson reprised his recurring impression of Trump while commenting on current events such as rising gas prices and global tensions. At one point, the character compared the stock market’s direction to the former boy band One Direction, quipping that “the stock market is going in one direction — down,” a line that drew cheers from the studio audience.

The parody also took a jab at Chalamet by referencing recent public debate around comments the actor made about ballet and opera. In the sketch, Trump joked that Iran was “like ballet and opera and weird Timothée Chalamet,” pulling the actor into the broader satirical commentary about politics and culture.

The episode was hosted by Styles, who returned to the long-running NBC sketch show as both host and musical guest. During the night, he also addressed public rumors about his personal life in his monologue, joking about accusations of “queerbaiting” before sharing a comedic moment with cast members.

The sketch continued Saturday Night Live’s long tradition of mixing celebrity references with political satire, using current headlines and viral moments to fuel its opening segment.

With awards season underway and the Academy Awards approaching, the episode also featured several jokes tied to Hollywood and pop culture, keeping the show’s signature blend of politics, celebrity commentary and live comedy intact.34ay2u3333333333333333333333333333333337 27887