He really should stop trying to save face when he blunders into something. He just ends up sounding stupid.
U.S. President Donald Trump on Tuesday announced a reversal of plans to charge a 20% toll on cargo going through the Strait of Hormuz, saying that Middle Eastern countries will instead make investment and trade deals with the U.S.
“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.
https://apnews.com/article/iran-us-hormuz-strait-war-july-14-2026-abd060c55feea216625689e57d8f76be
