Trump retreats from 20% toll plan for Strait of Hormuz shipping
TL;DR Summary
President Trump reversed his plan to levy a 20% toll on ships passing through the Strait of Hormuz, instead pursuing trade and investment deals with Persian Gulf states as U.S.-Iran tensions around the strategic waterway continue.
- What to Know About Trump’s Canceled Plan to Charge a Toll in the Strait of Hormuz The New York Times
- Trump Drops Plan to Charge Ships Fees in the Strait but Will Restore Blockade: Iran War Live Updates The New York Times
- Trump retreats from shipping toll in Strait of Hormuz The Washington Post
- Trump pivots from 20 percent Strait of Hormuz fee amid Iran war escalation Al Jazeera
- Donald Trump has no good options for reopening the Strait of Hormuz The Economist
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