The Korea Times
The New York Times
Trump Drops 20% Hormuz Cargo Fee Threat As US Tightens Blockade On Iran Ports
Trump Backs Off 20% Strait of Hormuz Fee
It also validated the Iranian demand to collect service fees in the strait — something Trump himself rejected until several days ago.
Donald Trump’s preposterous proposal to take control of the Strait of Hormuz and charge a 20 per cent toll for the privilege of crossing safely lasted all of 24 hours.
Trump's announcement marked a shift from his Monday proposal to charge a 20% reimbursement fee on commercial shipping using the Strait of Hormuz after the U.S. military reimposed a blockade targeting Iran.
