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Trump reversed course on Hormuz within 24 hours, now imposes condition of investment in US instead of 20% tax

July 14, 2026 by Uma Shankar

US President Donald Trump has said a big thing regarding the Strait of Hormuz, which has increased Iran’s concern. Trump says that the Strait of Hormuz is open to ships of all countries except Iran and this is because Iran’s leadership is false, violent and ill-intentioned, which is taking them on the path of complete destruction. He said that that is why we will impose a complete blockade in Hormuz, but only on those ships that are coming to and from Iranian ports or carrying any items related to Iranian cargo.

Trump wrote in a post on social media, ‘Due to the tremendous power of the American military, the flow of oil is increasing more than ever. Special salute to Secretary of War Pete Hegseth, Chairman of the Joint Chiefs of Staff Dan Kane, and Commander of the United States Central Command, Admiral Brad Cooper.

Condition for investment instead of 20% tax

He said, ‘Based on very fruitful talks with the leaders of the Middle East, I have decided that the 20% US reimbursement fee will be replaced by trade and investment deals that different Gulf states will do with the US. These investments will be huge, but will also be very good for them and their future. As everyone knows, we have the highest dollar investment in America of any country in history, but these new investments will further increase that number and we will see historic levels of factories, plants and equipment coming to America, creating millions more good-paying American jobs!’

‘Iran will never have nuclear weapons’

Trump further wrote in the post, ‘America is winning again, a victory that has never been seen before. The days of Iran killing millions of people, including 52,000 protesters, are over and most importantly, Iran will never have a nuclear weapon! Thank you for your attention to this matter.

The news is updating…

About Uma Shankar

Uma Shankar writes about finance, business, and investment topics. He simplifies complex subjects like stock market, banking, tax, and cryptocurrency to help readers make informed financial decisions. Data-driven reporting is his strength.

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