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U.S. President Donald Trump on Tuesday ​dropped the idea of charging a 20% fee ‌on all cargo shipped through the Strait of Hormuz, and said he would instead take trade and investment deals with the ​Gulf states.

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FILE PHOTO: Vessels at the Strait of Hormuz, as seen from Musandam

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Trump backs away from plans to charge fees in the Strait of Hormuz as attacks intensify

Jay Clayton, President Donald Trump’s pick to head the nation’s intelligence agencies, will testify before the Senate Intelligence Committee on Wednesday, weeks after Trump abruptly delayed his nomination. Republicans and even some Democrats have been eager to quickly confirm Clayton, the U.S. attorney for the Southern District of New York and a former Securities and Exchange Commission chairman, as they have expressed concerns about Trump’s interim appointee for the intelligence post, Bill Pulte. Pulte, who has been in the job since June 19, is a former housing official with no known intelligence experience and who used his previous administration perch to target perceived adversaries of the president.

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FILE PHOTO: Jay Clayton, United States Attorney for the Southern District of New York, speaks during a press conference in New York City

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By Elisabeth Buchwald, CNN (CNN) — The Trump administration says its trade fraud crackdown has already topped $1 billion in recoveries and alleged losses, less than a year after the launch of a task force dedicated to this initiative. The figure includes money recovered through criminal and civil cases, including penalties, settlements, restitution, asset forfeitures
The post Trump task force uncovers more than $1 billion in trade fraud appeared…

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An aerial view shows containers at the Balboa Port, in Panama City

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Trump task force uncovers more than $1 billion in trade fraud

The United States on Tuesday expanded its sanctions targeting Iran's oil sector, taking further aim at the network of petroleum shipping magnate Mohammad Hossein Shamkhani, the Treasury Department said. It charged that the Shamkhani network remains a key force behind Iran's oil exports, and has expanded into global commodities trading.

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U.S. President Trump meets with Iraqi PM Ali al-Zaidi in Washington

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US expands sanctions targeting Iran oil, cryptocurrency sectors

Donald Trump keeps finding new ways to make money off the presidency.

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South Korean company paid Trump $2 million amid trade investigation: NYT

Prime Minister Benjamin Netanyahu is set to fly to Washington, DC, on Saturday night, Israeli sources told The Jerusalem Post on Wednesday. Netanyahu is expected to remain in Washington through Tuesday, as he is scheduled to attend the memorial service for Senator Lindsey Graham. He also plans to meet with US President Donald Trump, but it has yet to be officially scheduled, the sources said.

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ISRAEL-POLITICS-HERITAGE; Author: ilia YEFIMOVICH / AFP via Getty Images; Getty Caption: Israel's Prime Minister Benjamin Netanyahu attends a cornerstone laying ceremony for the Atarot Heritage Center at an abandon airport in East Jerusalem near the sepa…

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Netanyahu Set to Attend Lindsey Graham's Funeral in DC, Meet with Trump

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