President Donald Trump on Monday announced the reinstatement of the "Iran Blockade" and called for a 20% fee from ships passing through the Strait of Hormuz for providing "safety and security."
Trump Calls For US To Be ‘Reimbursed’
Trump declared the U.S. as "The Guardian of the Hormuz Strait" and said that it must be "as a matter of fairness" be reimbursed for "any and all costs necessary to do the job."
Trump has yet to declare how the fees will be charged, but said that the "process and formation will begin immediately."
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