US resumes blockade on Iranian ports as Trump reverses 20% toll plan

Former senior U.S. Treasury official Miad Maleki discusses the U.S. resuming its naval blockade of Iranian ports after President Donald Trump abandoned plans for a 20% toll on ships transiting the Strait of Hormuz on 'America Reports.'

The United States resumes its naval blockade on Iranian ports, a move President Donald Trump details as a strategic shift from previous plans. Miad Maleki, a former senior U.S. Treasury official, discusses the economic and geopolitical implications of this decision. Trump emphasizes the importance of Gulf States contributing to security in the Strait of Hormuz.