Trump Withdraws 20 Percent Toll Proposal on Strait of Hormuz Cargo
President Trump reverses his plan to impose a toll on shipping through the Strait of Hormuz, opting to focus on trade and investment with Gulf states instead.
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President Trump reverses his plan to impose a toll on shipping through the Strait of Hormuz, opting to focus on trade and investment with Gulf states instead.
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Following recent attacks on civilian vessels, UN bodies call for de-escalation amid competing claims over the vital Strait of Hormuz shipping route.
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President Trump reverses his proposal to charge a 20% fee on cargo passing through the Strait of Hormuz, opting instead for trade deals with Gulf states as the US plans to resume a naval blockade on Iranian ports.
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NBC Politics | Jul 14, 2026, 11:47 AMShowing 1,657-1,680 of 2,498 articles.