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politics·politics by2piradians

Trump backs away from plan to charge fees in the Strait of Hormuz as attacks intensify

DUBAI, United Arab Emirates (AP) — U.S. President Donald Trump on Tuesday backtracked on plans to charge ships for using the Strait of Hormuz, saying Gulf countries would instead invest in the United States. Another wave of U.S. strikes on Iran, and Iranian attacks on shipping and American allies, left an interim peace deal in tatters.

That agreement was supposed to reopen a waterway that is key to world energy supplies and give negotiators time to hammer out a permanent end to the war. Instead, fighting has once again engulfed the region, threatened the global economy and brought warnings to commercial airlines.

Trump backs away from plan to charge fees in the Strait of Hormuz as attacks intensifyhttps://apnews.com/article/iran-us-hormuz-strait-war-july-14-2026-abd060c55feea216625689e57d8f76beOpen linkView original on lemmy.world
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9 replies

lemmy.world

He realized it's easier to take direct bribes them somehow force ships to pay a protection racket...

Based on highly productive conversations with Middle East leadership, I have decided to replace the 20% United States Reimbursement Fee with Trade and Investment Deals that the various Gulf States will be making into the United States,” Trump said on social media.

The president said the investments “will be MASSIVE,” though it’s unclear if these would be new commitments relative to what Trump announced after a visit last year to the Middle East.

We can't afford another Bitch ass neoliberal like Biden, we need the next president to be one that will finally acknowledge we're in a class war and have been for generations.

We need to hold oligarchs responsible, seize their money and throw them in gen pop federal prisons for decades

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kescusayreply
lemmy.world

A good start would be to claw back every penny paid to DOGE to gut our government, and prosecute everyone involved - yes, definitely including Musk - for the blatant violations of information-sharing laws they committed. It was downright theft of people's personal information.

Throw these scumbags trying to break our country into prison for the rest of their lives.

17

Saying things and immediately backing down.

Sounds like something a coward would do.

11

You reached the end

Trump backs away from plan to charge fees in the Strait of Hormuz as attacks intensify | Spyke