Tuesday Afternoon News Updates: Trump Quickly Folds on War Scheme — 7/14/26

Trump folds on his own fake fee Kuwait and Bahrain get hit again, iand the CDC quietly stopped tracking a diarrhea outbreak

U.S. President Donald Trump participates in a bilateral meeting with Iraqi Prime Minister Ali al-Zaidi (not pictured) in the Oval Office at the White House in Washington, D.C., U.S., July 14, 2026. REUTERS/Evan Vucci

Hi all, Ben here. It’s Tuesday, July 14th, and there is a lot happening today, so let’s get into it.

Stories we’re tracking:

• Trump reverses his 20% Strait of Hormuz “reimbursement fee” less than a day after announcing it

• Kuwait and Bahrain hit by another wave of Iranian drone and missile attacks

• Iran claims strikes on a naval base in Bushehr and explosions on Qeshm Island

• Iranian state media releases satellite images claiming damage to US military assets in Kuwait, Qatar, and Bahrain

• June inflation comes in at 3.5%, but the US still has the highest inflation in the G7

• Trump touts drug pricing and a Pennsylvania truck plant visit using old footage from weeks ago

• Senator Cynthia Lummis defends Trump’s crypto profits with a claim that doesn’t hold up

• ICE ordered to halt most vehicle stops after two people were shot and killed in Texas and Maine

• Stephen Miller reportedly fought the new ICE policy and lost

• E. Jean Carroll receives her $5.6 million payment from Trump, confirmed by court filing

• White House shares new East Wing renderings as the Lincoln Memorial Reflecting Pool controversy continues

• A Cyclospora outbreak tied to weakened CDC surveillance has now spread to more than 40 states

Now let’s dive in.