Trump says U.S. reinstating Iran blockade in Strait of Hormuz
Trump says the U.S. will be known as "THE GUARDIAN OF THE HORMUZ STRAIT," and will charge 20% on all cargo shipped via the waterway to cover security costs.
Tucker Reals is CBSNews.com's foreign editor, based in the CBS News London bureau.
He has worked for CBS News since 2006, prior to which he worked for The Associated Press in Washington, D.C., and London.
President Trump said Monday that the U.S. will be "the guardian" of the Strait of Hormuz and suggested that other countries will pay the U.S. for securing it.
"The U.S.A. will be, from this point forward, known as 'THE GUARDIAN OF THE HORMUZ STRAIT,' but as such, and as a matter of FAIRNESS, will be reimbursed, at the rate of 20% on all cargo shipped, for any and all costs necessary to do the job of providing safety and security to this very volatile section of the World," he said on Truth Social.
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