PoliticsUS President Trump drops 20% Strait of Hormuz fee plan

US President Donald Trump says he has abandoned his proposed plan to impose a 20 percent fee on cargo moving through the Strait of Hormuz. The announcement withdraws the proposed charge on shipments using the strategic waterway. Trump’s statement indicates that the fee will not go ahead as initially proposed. The move concerns a US plan targeting cargo transiting the strait.

Donald TrumpStrait of Hormuzcargo fees

AAl Jazeera★★★★☆2026-07-14 18:05Original