Trump announces replacement of 20% tariffs with trade and investment agreements

U.S. President Donald Trump reported that oil is flowing at unprecedented levels thanks to the U.S. military's strength, with a focus on protecting the Strait of Hormuz and implementing a strategy of embargoes on Iranian ships. He also announced replacing the 20% compensation fees with trade and investment agreements with Gulf countries, which will contribute to increased investments and job creation in the United States. Additionally, he emphasized Iran's rejection of developing nuclear weapons.

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