Donald Trump reneges on his pledge to charge a 20 per cent fee on shipping in the Strait of Hormuz, a day after saying he would introduce it.

Trump announces toll for Hormuz: US President Donald Trump said on Monday that the US is “reinstating” a blockade on Iran in the Strait of Hormuz. Not only that, Trump also…

Trump plans U.S. control of the Strait of Hormuz and a 20% cargo fee. Traffic normalization by August 31 at 15.5% YES.

President Donald Trump on Tuesday reversed course on his earlier proposal for the US to levy a 20% fee on all cargo flowing through the Strait of Hormuz