02/23/1988
https://www.presidency.ucsb.edu...
"The bill is objectionable because it is unnecessary and would duplicate action already announced by President Reagan and implemented by the Treasury Department."
"Our commitment to freedom of navigation in the Gulf remains firm."
"The United States continues to consider the security and well-being of Saudi Arabia and the stability of the Persian Gulf to be a matter of vital interest."
"We have rightly placed our trust in our people; in the strength of American businesses, large and small; and in the belief that we were not running out of energy, only imagination."