- Stephen Colbert satirized President Trump's new tariffs on imported goods, dubbing the day "Liberation Day."
- Colbert joked that Americans were now free from the "tyranny" of buying foreign products and questioned their ability to make their own goods.
- Trump introduced a 10% minimum duty on imports, with some countries facing up to 50% tariffs.
- Colbert highlighted concerns that these tariffs, the strictest since the 1930s, could lead to increased prices for American consumers and a potential economic downturn.
- Trump's claim that maintaining tariffs would have prevented the Great Depression was countered by Colbert and historical consensus.
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