Following days of threats, including a Truth Social post declaring that "a whole civilization will die tonight," Donald Trump has announced a "double-sided ceasefire" with Iran, a two-week period in which the contested Strait of Hormuz will allow shipping traffic.

On The Late Show, Stephen Colbert questioned the president's Wednesday social media post and his use of the term "double-sided."

"But aren't all peace deals double-sided? I believe there's a word for a single-sided ceasefire, and it's murder," the host said.

Trump also said on Truth Social that he agreed to the ceasefire because "we have already met and exceeded all military objectives" in the U.S/Israel war with Iran.

"It's true, this war reached all of its objectives," reacted Colbert. "It's been weeks since anyone mentioned the Epstein files."

Want more of the best of late night? Sign up for Mashable's Top Stories newsletter.