Trump proposes a 20% cargo fee for shipments through the Strait of Hormuz. Normal traffic by August 31 at 15.5% YES.

ALBAWABA- U.S. President Donald Trump announced on Monday a sweeping new policy for the Strait of Hormuz, declaring that the United States will assume t

President Donald Trump said the 20% fee on cargo was necessary to "do the job of providing safety and security" to the region.