PoliticsTrump drops plan for 20% fee on transit through Strait of Hormuz
The US president has decided to abandon the proposed 20% United States Reimbursement Fee. The charge had been intended for transit through the Strait of Hormuz. Trump said it would instead be replaced by trade and investment deals that Gulf states will make in the United States. The decision changes the economic arrangement proposed for passage through the strait.
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TASS★★★★☆2026-07-14 15:50Original
Trump drops plan for 20% fee on transit through Strait of Hormuz