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Trump Backtracks on 20% Hormuz Strait Fee, Says He Wants ‘Trade and Investment Deals’ From Gulf States

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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Jun 1, 2026 / Tyler Durden
Contacts Back On? Trump Proclaims Iran 'Talks Continuing At Rapid Pace' Amid Lebanon Ceasefire Efforts
Contacts Back On? Trump Proclaims Iran 'Talks Continuing At Rapid Pace' Amid Lebanon Ceasefire Efforts Summary Trump has announced the "shooting will stop" in Lebanon, after phone calls with both sides. Says Iran talks back on "at rapid pace". Iran announces halt to all exchanges with US, citing Israeli aggression in Lebanon. Trump says 'haven't heard' this from Tehran, vows to keep US naval blockade in place. Iran overnight initiated fresh attacks on neighboring Kuwait and even released video showing footage of a ballistic missile launch. The US bombed radar & drone sites in Iran...
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Leonard E. Read
I, Pencil
I, Pencil
Jun 2, 2026 /
Trump Claims Iran and US Officials Continue Negotiations
A day after Iran said that it had broken off talks with the US over Israeli ceasefire violations in Lebanon, President Donald Trump claimed that negotiations were continuing.  “Fake News Reports that the Islamic Republic of Iran, and the U.S.A., stopped speaking a few days ago are false and erroneous,” Trump wrote on Truth Social […]
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