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  • Trump U-Turn! 20% Hormuz Fee Gone in Just 24 Hours

Trump U-Turn! 20% Hormuz Fee Gone in Just 24 Hours

July 2026 74 views 3:05

Just a day after announcing a 20% cargo fee on every ship using the Strait of Hormuz, Donald Trump has already changed course.
The US President now says the fee is off the table. Instead, Gulf nations will compensate the United States through trade and investment deals.

  •   Tags:
  • US Iran trade deal
  • US Iran war
  • Strait of Hormuz
  • guardian of Hormuz

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