Trump: Replace Strait of Hormuz freight charges with trade and investment agreements

Washington, July 14 (Xinhua) -- US President Trump announced on social media on the 14th that after talks with leaders of Middle Eastern countries, he has decided to replace the 20% fee for transporting goods through the Strait of Hormuz with a trade and investment agreement between Gulf countries and the United States.

Trump said that these investments will be "extremely massive" and "we will see factories, facilities, and equipment flooding into the United States on an unprecedented scale, creating millions of high paying American jobs! America has won again

Trump also said that the United States will impose a "comprehensive blockade" on Iran, but only on ships that travel to or from Iranian ports or transport goods related to Iran. He also emphasized that Iran will never possess nuclear weapons.

On the 13th, Trump posted on social media that the United States will restore its maritime blockade of Iran and charge a 20% fee for all goods transported through the Strait of Hormuz. He later told the media at the White House that in the conflict with Iran, the United States should compensate "the countries we are helping" and said that the United States has been "very effective" in protecting Israel, Saudi Arabia, Qatar, and the United Arab Emirates.