Washington, July 14 (IANS) President Donald Trump on Tuesday said he had dropped his proposal to recover the cost of securing the Strait of Hormuz through a 20 per cent shipping fee after Gulf allies instead offered to make billions of dollars in additional investments in the United States. Trump said the decision followed discussions with leaders from several Gulf nations, who argued that increasing investment in the United States would be a better way to support the long-standing American secu…
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