President Trump is reacting after walking back a plan to impose a 20% fee on cargo ships transiting the Strait of Hormuz. Mr. Trump said his reversal comes after several allies brokered trade deals with the U.S.
Us News
Trump reacts after walking back 20% fee for Strait of Hormuz cargo
President Trump is reacting after walking back a plan to impose a 20% fee on cargo ships transiting the Strait of Hormuz. Mr. Trump said his reversal comes after several allies brokered trade deals with the U.S.
Published July 14, 2026, 4:25 PM
Updated July 14, 2026, 4:37 PM4.6K
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