Almost as soon as he announced it, it became clear Trump’s idea of imposing a 20% fee for guarding the Strait of Hormuz was unworkable.

President Trump announced the United States will guard the Strait of Hormuz. He stated America will act as the waterway's guardian and receive payment. Trump accused Iran of…

Trump says the U.S. could take control of the Strait of Hormuz permanently and wants allies to pay for securing the vital waterway.