Tropical Storm Fay is not expected to pose any significant risks to Florida or the U.S. mainland due to its location over 2,700 miles away in the Atlantic. The storm is forecast to weaken as it encounters dry air and wind shear, reducing its potential for intensification. Residents in the Azores may experience minor impacts, such as increased winds and rainfall, but the storm's compact size and weakening trend suggest limited severity. Overall, the storm is unlikely to cause widespread disruption (FOX 13 Tampa Bay).