As the country contemplates Liberation Day, numerous individuals are still attempting to comprehend the implications of former President Trump’s tariffs on the already delicate economy.
On The Late Show, Stephen Colbert summarized the previous 24 hours, drawing attention to everything from the stock market’s reactions to the bewildering reasoning behind Trump’s tariff choices.
“Everyone’s attempting to grasp the logic behind these tariffs,” Colbert remarked in the segment above. “And according to some people online who really analyzed the numbers, the formula resembles something you might receive if you requested ChatGPT to generate trade policy.” He referred to an article by economist and former New York Times columnist Paul Krugman.
Colbert persisted with his signature humor: “Caught red-handed! Someone most certainly plagiarized their tariff assignment. ‘Oh no, I neglected to complete my Liberation Day project! Or even understand what it is! Hurry, assist me, Secretary Robo-brain!’”