Olivia Munn is mocking President Trump’s tariffs, describing a seemingly endless trade war that she says has “only mostly destroyed” the global economy. 

The “X-Men: Apocalypse” actor, a former “Daily Show” correspondent, returned to the Comedy Central show on Wednesday for a tariff-focused sketch.

“Trump knows exactly what he’s doing. He put tariffs that destroyed the global economy, so then he took them off, and now it’s only mostly destroyed,” Munn quipped to guest host Desi Lydic.

“Now, to avoid tariffs coming back, other countries will cut deals with us for better trade terms, and our deficit drops to zero. Problem solved,” Munn said. 

“I see, and that’s when we drop all the tariffs?” Lydic replied.

“No, bitch. Then we hit them even harder — 400 percent tariffs. We bomb their factories. We catch those penguins on that island and we eat them. Then the other countries will really come begging. We can get whatever we want, baby,” Munn exclaimed, referring to tariffs placed on tiny islands uninhabited by humans but popular with penguins.

“Ikea furniture comes assembled. Honda Accords, trunks full of Nike sneakers. We’ll get to pee on their currency while they watch. Then we won,” Munn said. 

“Then the trade war ends,” Lydic insisted.

“Then 4 billion percent tariffs! You’re in our house now. The new iPhone: $3. Nike sneakers come with a Honda Accord. Then we pee on their currency again. They’re not even watching, it’s just the only way we can pee anymore,” Munn said to laughs from the audience.

The “Daily Show” segment came after Trump announced sweeping tariffs last week on the U.S.’s foreign trade partners.

Financial markets, which were rattled by the trade moves, rallied on Wednesday after Trump issued a 90-day pause on reciprocal tariffs for most countries, except China. U.S. stocks dropped again on Thursday after the White House clarified that it had imposed 145 percent tariffs on China. 

“How does any of this make up the trade deficit?” Lydic asked Munn.

“It’s not the trade deficit. This is all to make up for Donald Trump’s enormous deficit of attention and love,” Munn said. 

The performer pointed to remarks Trump made on Tuesday, when he told House Republicans, “These countries are calling me up kissing my ass.”

“He’s just a boy, standing in front of the world, asking to have his ass kissed,” Munn said of Trump, a nod to a line from the 1999 film, “Notting Hill.”

“And once the world fills the aching hole in his heart, the tariffs will end,” Munn, 44, said.

“But that will never happen. There’s not enough attention in the world to make him feel like a human again,” Lydic replied.

“Exactly, bitch,” Munn said.