BONUS POD: Trump Swaps Shipping Fees for Gulf Investment Bonanza
Verdict with Ted Cruz
iHeartPodcasts
4.6 • 43.4K Ratings
🗓️ 17 July 2026
⏱️ 16 minutes
🔗️ Recording | Apple Podcasts | RSS
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Summary
1. Strait of Hormuz and Iran Conflict
Key points discussed include:
- Claims that military confrontations between the U.S. and Iran are ongoing.
- Concerns about threats to commercial shipping and global energy supplies.
- Discussion of a proposed U.S. transit fee for ships using the Strait of Hormuz, which the speaker says was later replaced with trade and investment agreements involving Gulf states.
- Assertions that the U.S. is maintaining a blockade on Iranian shipping while protecting international maritime traffic.
- Discussion of rising oil prices, shipping disruptions, and broader economic implications.
U.S. actions are necessary to maintain freedom of navigation and prevent Iran from disrupting world trade and energy markets.
2. Inflation and the U.S. Economy
- Inflation has fallen significantly.
- Economic analysts and media outlets underestimated the improvement in inflation figures.
- Lower energy prices contributed heavily to the reported decline in inflation.
- The economic results support President Trump's policies and leadership.
This is evidence that media organizations and economists have been overly pessimistic about the economy.
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Transcript
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| 0:00.0 | This is an IHeart podcast. |
| 0:02.3 | Guaranteed Human. |
| 0:04.7 | But most importantly addressing this crisis of election security demands that Congress must pass the Save America Act. |
| 0:14.5 | How easy is that to do unless you want to cheat? |
| 0:18.3 | The only reason you wouldn't do it is you want to cheat |
| 0:21.6 | because your policies are so bad |
| 0:23.5 | and your candidates are so pathetic |
| 0:25.7 | that you can't get away or can't get elected any other way. |
| 0:29.8 | This landmark bill requires that all voters must show |
| 0:33.5 | photo, voter, ID. |
| 0:36.4 | How simple is that? |
| 0:37.4 | You're listening to the 47 morning update with Ben Ferguson. photo, voter, ID. How simple is that? |
| 0:41.5 | You're listening to the 47 morning update with Ben Ferguson. |
| 0:42.3 | Good Friday morning. |
| 0:44.8 | Nice to have you with us on the 47 morning update, |
| 0:47.1 | and we've got two big stories for you. |
| 0:50.7 | First up, the president has a major update on the Strait of Hormuz. |
| 0:55.4 | And it now means that those tolls that were promised that were going to be paid, |
| 1:01.8 | they may be disappearing because of a new deal. Also, the media and the economists, yeah, |
| 1:08.9 | they got it wrong. Inflation numbers are out and it was a big drop. In fact, the biggest drop in inflation in six years. So where is it now and how did the |
| 1:12.8 | economists and everyone else get it wrong? Could it be it's just because they hate Donald Trump. |
| 1:17.3 | We'll explain it to you. Now, before we get to both those stories, I want to talk to you right now |
... |
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