President Trump on Tuesday backtracked on his demand for ships transiting the Strait of Hormuz to pay the US a 20% fee, saying instead that he wants "trade and investment deals" from the Gulf Arab states. "Based on highly productive conversations with Middle East leadership, I have decided to replac

President Trump on Tuesday backtracked on his demand for ships transiting the Strait of Hormuz to pay the US a 20% fee, saying instead that he wants “trade and investment deals” from the Gulf Arab states. “Based on highly productive conversations with Middle East leadership, I have decided to replace the 20% United States Reimbursement […]

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