Trump Drops Fee, Shifts to Gulf Deals | Spokane News

Tensions flare again in the Strait of Hormuz as Trump pivots from a proposed 20% transit fee to trade deals with Gulf states, after Iran’s closure sparked U.S. strikes and retaliatory attacks across the region—including on U.S. bases, oil tankers, and islands. With global energy supplies at risk and inflation looming, the U.S. reverses course amid domestic backlash and international criticism of the fee. Meanwhile, Iran’s strikes and regional counterattacks continue, raising fears of escalation as elections loom and war’s human toll grows. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/b8bb597d36d04c9c