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Trump reverses course on Strait of Hormuz tolls, says U.S. military doesn't need to be in Iran

Name: Trump reverses course on Strait of Hormuz tolls, says U.S. military doesn't need to be in Iran
Uploaded: 2026-07-14T13:00:00-0400
Duration: 6 min 22 s
Description: President Trump on Tuesday reversed course on his decision to impose a 20% toll on ships passing through the Strait of Hormuz and said the U.S. military doesn't need to have a presence in Iran. CBS News' senior White House and political correspondent Ed O'Keefe and Middle East contributor Courtney Kealy report.

President Trump on Tuesday reversed course on his decision to impose a 20% toll on ships passing through the Strait of Hormuz and said the U.S. military doesn't need to have a presence in Iran. CBS News' senior White House and political correspondent Ed O'Keefe and Middle East contributor Courtney Kealy report.