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Tuesday July 14th, 2026

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World & Nation

Trump backs off 20% toll on ships in Strait of Hormuz, pushes US investments

US President Donald Trump announced Tuesday that the United States is implementing a comprehensive naval blockade strictly targeting all maritime traffic bound to or from Iranian ports, as well as any vessels

President Trump on Tuesday backed off his proposed 20% toll for ships passing through the Strait of Hormuz in favor of investment deals that Persian Gulf states will ink with the US.

Trump in a Truth Social post said the decision was “[b]ased on highly productive conversations with Middle East Leadership.”

“Those Investments will be MASSIVE but, at the same time, extraordinarily good for them, and their future,” he added.

Trump also claimed that exports of oil were “flowing like never before” thanks to recent US airstrikes on Iran, and “the Strait of Hormuz is open to All Ship traffic except for Iran — and that is because of their lying, violent, malicious leadership, which is taking them down the path of TOTAL DESTRUCTION.”




Trump Hormuz Toll Plan Could Raise Nearly $200B a Year

Trump's new tolling scheme in Strait of Hormuz could generate nearly $200B annually - AOL

President Donald Trump's proposal to impose a 20% toll on commercial cargo transiting the Strait of Hormuz could generate as much as $194 billion a year for the U.S. if fully implemented, according to a New York Post analysis based on prewar shipping volumes.

The Post, citing supply chain data from Exiger CEO Brandon Daniels, reported that between $880 billion and $970 billion in international commerce moved through the strategic waterway each year before the Iran war, meaning a 20% fee could produce between $176 billion and $194 billion in annual revenue.

Trump announced the proposal Monday as he declared America would become the "Guardian of the Hormuz Strait" while reinstating the U.S. blockade of Iranian ports.




Sen. Lindsey Graham told staffer he had ‘chest pains’ and to call 911 shortly before his death, colleague says

Graham asked a staffer to call 911 after reporting chest pains, GOP senator says | CNN Politics

Sen. Lindsey Graham told one of of his staffers that he was experiencing chest pains and to call 911 shortly before his sudden death Saturday night, one of Graham’s Republican colleagues told reporters Monday.

The comments by Sen. Tommy Tuberville (R-Ala.) shed new light on Graham’s final hours after he returned from a trip to Ukraine and prepared to get back to work following Congress’ post-4th of July recess, despite feeling under the weather.

“My former scheduler was Lindsey’s scheduler, and one of my staff members was with that scheduler the night Lindsey called,” said Tuberville, adding that the two aides were watching a World Cup soccer match at a Washington, DC-area restaurant.




Rep. Fry 'Outstanding' for Graham's Senate Seat

TRUMP SUPPORTS FRY: President Donald Trump told NEWSMAX that Rep. Russell Fry would be an "outstanding" choice to fill the South Carolina Senate seat vacated by the death of Sen. Lindsey Graham. "

President Donald Trump said Monday that Rep. Russell Fry, R-S.C., would be an "outstanding" choice to fill the South Carolina U.S. Senate seat vacated by the death of longtime Sen. Lindsey Graham.

South Carolina Gov. Henry McMaster earlier Monday named Graham's sister, Darline Graham Nordone, to fill Graham's seat on an interim basis after his unexpected death. Graham had easily won South Carolina's Republican primary and was seeking a fifth term in November's midterm elections.

Axios reported Monday that Fry is a favorite of some Trump insiders, who view him as a strong fundraiser and note he currently holds a safe Republican House seat. South Carolina will hold a snap Republican primary Aug. 11, with a runoff Aug. 25 if no candidate receives a majority of the vote.




Ukraine just hit more than a quarter of every ship in the Sea of Azov in four days — and Russia shut the whole corridor down

The Sea of Azov is becoming an increasingly uncomfortable place for Russia. Ukraine's Unmanned Systems Forces report at least 105 Russian vessels struck in just eight days. And that's only one part

In another big drone-related success for Ukraine, drone strikes from Ukraine have struck ships in the Sea of Azov, near Crimea, which caused Russia to close that corridor.

According to the Guardian, 90 vessels in that sea were attacked in just a week. The Sea of Azov, which is north of the Black Sea and borders both Russia and Ukraine, connects Russia with Eastern Europe. United 24 Media put the number of struck Russian vessels at 105 in an eight-day period.

Ukraine’s drone forces chief, Robert Brovdi, said on social media that  10 tankers and four ferries were struck overnight.

“The technological humiliation of the [Russian] empire continues. It will fall because of Crimea,” Brovdi added in a social post, as cited by the Guardian.



Warsh: Fed Has 'No Tolerance' for High Inflation

Warsh says Fed has 'no tolerance' for high inflation but provides no hints on next move | NEWS10 ABC

Federal Reserve Chair Kevin Warsh pledged to make high inflation "a thing of the past" in his first congressional testimony Tuesday, yet provided no signal about the central bank's next steps.

Fed policymakers "have no tolerance for persistently elevated inflation," Warsh said in written remarks. "And we share a resolute commitment to restoring price stability."

Yet about half of the 19 members of the Fed's interest rate-setting committee expect they will have to raise the central bank's key rate by the end of the year to defeat inflation, while nearly half have penciled in no change or even a rate cut. Warsh faces a stiff challenge in reconciling the divided committee while navigating a rapidly-changing economic outlook.




Mamdani forgot he’s just a mayor. The State Department had to remind him
Mamdani forgot he's just a mayor. The State Department had to remind him

New York City Mayor Zohran Mamdani’s administration recently scheduled a meeting between his commissioner of international affairs and Iran’s U.N. ambassador. The meeting was only stopped after the State Department intervened and ordered it canceled.

Mamdani says he didn’t know about it. That is not a defense. It is an admission that either his office is freelancing foreign policy or he sees nothing wrong with it.

He is a city mayor. Nothing more. The fact that he leads the largest city in the country does not grant him authority to conduct diplomacy with a regime that actively works against U.S. interests. Foreign policy belongs to the federal government. Period.

Local officials exist to handle local problems: crime, transit, housing, and basic services. They do not get to insert themselves into matters of national security and international relations. When a mayor’s team attempts back-channel contact with Iran’s representative at the United Nations, it is not bold leadership. It is arrogant overreach.



Kamala Harris torched over ‘zero sense’ WNBA pep talk in latest ‘word salad’ moment

Critics say the left showed no outrage over Harris' WNBA visit after lambasting Patel's hockey celebration
WATCH: Kamala Harris torched over ‘zero sense’ WNBA pep talk in latest ‘word salad’ moment

Former Vice President Kamala Harris drew ridicule over a motivational speech to the WNBA's Los Angeles Sparks over the weekend – with critics arguing the appearance was another "word salad."

Harris told the Sparks they were making an "incredible impact" on the country, while critics ripped her circuitous delivery and the fact she went from the Democrats' presidential nominee to "giving speeches to the WNBA."

"I travel our country. Young girls, boys, people of every gender background, race, watch the ‘W’, and understand how inspiring it is," Harris said.



Democrats’ civil war is blazing — now the GOP will feast

By Joe Gruters

The Democratic Party is at war with itself — and in Maine, the fight has spilled into the open.

Graham Platner, an alleged rapist with a Nazi tattoo on his chest, won the Democratic nomination for United States Senate last month, beating the candidate the party establishment had recruited by a commanding 53-point margin.

For months, Republicans and others had warned that Platner was unfit for the job.

The Democrats did not care.

As soon as party leaders saw polling that suggested he could beat Republican Sen. Susan Collins in November they embraced him, hosting him in Washington, DC, and pledging as much campaign cash as he needed.



NYC’s socialist movement forcing millionaires to flee the state — leaving Mamdani, DSA in a bind

By Judge Glock

Americans are some of the most mobile people on Earth: They move homes about three times more often than ­Europeans.

As a recent report shows, that mobility is a problem for New York’s rising socialist movement.

A new Citizens Budget Committee report found that New York’s share of millionaires, those earning more than a million dollars a year, declined more than any other state since 2010.

The state went from having 12.7% of all millionaires in the nation to 8.7%.

Worse yet, in the more recent years, the state’s highest earners have been leaving much faster than its lowest earners.


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