Trump's Cease-Fire Effectively Collapses as He Vows to Restart Blockade and Tolls

Trump's Cease-Fire Effectively Collapses as He Vows to Restart Blockade and Tolls

President Trump has notified Congress that fighting with Iran has resumed, following several days of strikes. He has also announced the reinstatement of a naval blockade and plans to impose tolls on shipping in the Strait of Hormuz, despite his administration previously deeming such fees illegal.

The move comes after a cease-fire between the US and Iran effectively collapsed, with US forces conducting a third consecutive night of strikes against Iran. Mr. Trump has dismissed the importance of cease-fires, saying they "don't mean much" in a radio interview.

The president's actions have been met with concern from Republican lawmakers, who are worried about the economic toll of the conflict. Oil prices have surged and stocks have fallen in response to the naval blockade and shipping tolls.

Mr. Trump has taken to social media to assert the US role in maintaining the security of the Strait of Hormuz, stating that the US will be reimbursed for the costs of providing safety and security at a rate of 20% on all cargo shipped. However, this decision contradicts the administration's previous stance, with Secretary of State Marco Rubio having said that charging tolls or fees on an international waterway is "intolerable".

#News, #USA

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