Trump says countries called and protested his 20% Strait of Hormuz fee, reverses course
Summary
President Donald Trump said he planned to impose a 20% fee on all cargo passing through the Strait of Hormuz but reversed this decision after several countries called to protest the fee. He made these remarks while meeting with Iraqi Prime Minister Ali al-Zaidi at the White House.Key Facts
- President Trump considered charging a 20% fee on cargo passing through the Strait of Hormuz.
- Multiple countries contacted the U.S. government to protest this proposed fee.
- After the protests, President Trump decided not to impose the fee.
- The Strait of Hormuz is a critical waterway for global oil shipments.
- President Trump discussed the issue during a meeting with Iraqi Prime Minister Ali al-Zaidi.
- The fee proposal raised concerns amid tensions with Iran.
- The White House confirmed the reversal of the fee plan.
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