Trump pivots from 20 percent Strait of Hormuz fee amid Iran war escalation
Donald Trump backs away from fee, says regional countries will instead invest in US in return for transit protection.
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Trump drops Hormuz fee plan in favor of Gulf investment deals
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President Donald Trump took a day to reverse his plans to charge a 20% toll on cargo going through the Strait of Hormuz, saying that Middle
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President Donald Trump backtracked on his stated plan to charge a 20% toll on cargo ships in the Strait of Hormuz and Gulf states will inves
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The president says Gulf countries’ promises to invest in the U.S. are sufficient and he won’t demand “reimbursement” for using the strait.
Trump backs down on levy on Hormuz ships
CAIRO/DUBAI/WASHINGTON: US President Donald Trump stepped back from a proposal to charge a 20 percent transit fee to guard the vital Strait
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