Trump backtracks on plan to charge 20 percent fee for ships traveling through Strait of Hormuz
President Donald Trump on Tuesday walked back threats to charge a 20 percent fee on all cargo ships that pass through the Strait of Hormuz, the critical waterway that has been central to the renewed U.S.-Iran conflict. In a post to Truth Social, Trump said the strait will be open to “ALL Ship traffic except for Iran” and the U.S. […]
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