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Trump announces Gulf countries investment agreements replacing Strait of Hormuz transit fees
An article reported that U.S. President Donald Trump announced the signing of trade and investment agreements with Gulf countries instead of imposing a 20% customs duty on goods passing through the Strait of Hormuz, in exchange for U.S. maritime protection. It clarified that these agreements will boost investments and bring benefits to the Gulf nations, emphasizing that the Iranian regime threatens regional security and hampers navigation in the strait.
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