Trump Ditches Hormuz Toll Plan, Pursues Gulf Investment Strategy
July 14, 2026·about 3 hours ago·via New York Post

President Trump is pivoting away from his proposed 20% toll on ships transiting the Strait of Hormuz, instead pursuing a more pragmatic approach focused on securing direct investments from Gulf states into American infrastructure and economic projects. This shift represents a recalibration of Trump's negotiating strategy - trading the blunt instrument of tariffs for concrete financial commitments that benefit US workers and communities. Read more about this...