Trump rises from 20 percent of the Strait of Hormuz fines in the middle of the war with Iran | Donald Trump News

Trump has returned to the tariffs, saying that countries in the region will invest in the US for protection.

The President of the United States, Donald Trump, has withdrawn his statement that Washington would pay 20 percent of the shipping costs through the Strait of Hormuz.

The change came Tuesday a day after Trump announced 20 percent tariffs as the war between the US and Iran continues to escalate.

At the time, Trump did not release the details of the payment, only saying on Truth Social that it would be “reimbursement” of “any cost and all necessary to carry out the work of providing safety and security to the most unstable part of the Earth”. Administrators did not say how they would create a safe passage through the international waterway, which the US does not control.

In a recent statement, Mr. Trump said that instead, the money will be replaced by “Commercial and Commercial Actions that the Gulf countries will make with the United States”.

He added that the decision came after “excellent discussions with the leadership of the Middle East”.

Mr Trump also vowed that investment from the Gulf countries would be “huge”, without giving details. Several countries in the region had already announced pledges of billions of dollars to invest in the US and Israel before their war with Iran on February 28.

Although Trump has previously said that the US could “manage” the Strait of Hormuz and impose tariffs, Monday’s announcement was the closest sign that those claims could be turned into policy.

The Trump administration has previously rejected the idea that Iran is charging any shipping fees, while US Secretary of State Marco Rubio said doing so in the world’s waterways would violate international law.

Mr Trump appeared to return to that position on Tuesday, telling reporters he “doesn’t like the idea of ​​fines”.

The US president spoke on Tuesday, hours before the US military began a blockade of Iran. The blockade was lifted as part of a memorandum of understanding (MoU) signed by both sides in mid-June.

The first accord, which also ended fighting between the two sides and opened the Strait of Hormuz, has been thrown into jeopardy amid the latest threats.

Iranian media reported that the latest explosions occurred in Bushehr, Bandar Abbas, Mahshahr, and Abadan, which occurred on Tuesday on the islands of Qeshm and Kish.

Meanwhile, Kuwait said its military was dealing with several air strikes. Iran has vowed to continue attacks on US assets in the region, with further attacks on Bahrain, Jordan and shipping in the Strait of Hormuz.