Showing posts with label protection racket. Show all posts
Showing posts with label protection racket. Show all posts

Tuesday, July 14, 2026

US to take over Strait of Hormuz, charge 20 percent fee for cargo shipped through, Trump says - POLITICO

President Donald Trump on Monday said the U.S. will take over the Strait of Hormuz — and will be reimbursed “at the rate of 20% on all cargo shipped” for overseeing one of the world’s most critical oil passageways that has been at the center of the U.S.’s re-escalating war with Iran. 

“We will become guardians of the strait,” Trump said during an interview with “Fox & Friends” on Monday morning. “We’re going to hit [Iran] very hard and keep the strait, and probably run it.”…

 https://www.politico.com/news/2026/07/13/donald-trump-strait-of-hormuz-fee-00994508


 

Wednesday, March 13, 2019

Trump is turning U.S. foreign policy into a protection racket - The Washington Post

With his diatribes against witnesses who cooperate with the government — “flippers” and “rats” — President Trump has become notorious for speaking like a mob boss. He is acting like one, too, turning U.S. foreign policy into a protection racket and soldiers into a strong-arm squad that needs to be paid off — or else...
https://www.washingtonpost.com/opinions/2019/03/11/trump-is-turning-us-foreign-policy-into-protection-racket/







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