Sunday, July 12, 2026

President Deals

Seems like he made a great deal!
Critics say that Mr. Trump conceded this new status quo in the June agreement with Tehran. At the insistence of Iranian negotiators, that 14-point document acknowledges Iran’s power in the strait.

It prohibits the charging of tolls or fees, but only for 60 days while negotiations toward another agreement continues. (Mr. Trump has said the United States could try to charge tolls.) The memorandum also does not include an ironclad guarantee that ships can safely sail any portion of the strait.

Iranian officials and diplomatic experts say the final line formally ceded to Iran a central role in managing the strait: “The Islamic Republic of Iran will conduct dialogue with the Sultanate of Oman to define the future administration and maritime services in the Strait of Hormuz, in discussion with other Persian Gulf littoral states, in line with the applicable international law and the sovereign rights of coastal states of the Strait of Hormuz.”

At the time, Mr. Trump praised the agreement as a return to free navigation through the strait. But Iranian officials were soon citing it as grounds for dictating where ships should sail — namely, along a route near Iran’s coastline.
President Deals made the deal to prevent economic meltdown (in his mind, whether it would have happened or not) but the key thingsabout President Deals is he doesn't believe deals are ever binding on him!