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Posted on 07/14/2026 9:06:21 AM PDT by thegagline
President Trump on Tuesday backed off his proposed 20% toll for ships passing through the Strait of Hormuz in favor of investment deals that Persian Gulf states will ink with the US.
Trump in a Truth Social post said the decision was “[b]ased on highly productive conversations with Middle East Leadership.”
“Those Investments will be MASSIVE but, at the same time, extraordinarily good for them, and their future,” he added.
Trump also claimed that exports of oil were “flowing like never before” thanks to recent US airstrikes on Iran, and “the Strait of Hormuz is open to All Ship traffic except for Iran — and that is because of their lying, violent, malicious leadership, which is taking them down the path of TOTAL DESTRUCTION.”
“We will therefore have a FULL Blockade, but only on Ships coming to and from Iranian ports, or carrying anything have to do with Iranian cargo,” he noted.
Trump announced the new tolling scheme on Monday, declaring that the US would be the “guardian” of the Strait of Hormuz and would collect a reimbursement equal to 20% of the cargo’s value. One industry expert predicted that the fee could be worth nearly $200 billion annually.
(Excerpt) Read more at nypost.com ...
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Best troller in the world...anyone they didn’t know that the toll would never happen is just plain dumb.
He should let us know who oinked the loudest.
Trump “proposed” so such thing.
He should let us know who oinked the loudest.
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The gulf states.
“...anyone they didn’t know that the toll would never happen is just plain dumb.”
Oh, the toll is happening just from another direction as part of the deal. It doesn’t make any difference how Trump gets the offset to charge for using our military to protect ships, we were going to have to be in there anyway. But this way is better because it doesn’t lock the price into cash but into trade which will benefit us a lot more with cut prices on many items we get from the middle east and a greater selection. They won’t be able to threaten us with barrel price as we can just let a couple of ships get nailed. This used to be called you scratch my back...
wy69
That is some mighty fine political spinning you did there.
Have you considered a career in Political Bullshittery? You’d be good at it.
I’m like Trump. I thought like he did the 20% surcharge was a good idea. I guess he’s as dumb as I was.
That’s a record in fastest back down. Did it happen in less than 24 hours?
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