Bloomberg Politics

Trump Backs Off 20% Fee For Strait of Hormuz Shipments

Jul 14, 2026Center

President Donald Trump backed away from his plan to impose a 20% charge on cargo shipments through the Strait of Hormuz after the proposal was widely panned as impractical.

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4 related stories from other outlets

NBC News

Jul 14, 2026

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Trump says he will back off plan to toll ships in Strait of Hormuz

During a meeting with the prime minister of Iraq, President Trump discussed his decision to reverse his plan to implement tolls for non-Iranian ships passing through the Strait of Hormuz. NBC News' Gabe Gutierrez reports on the decision and other topics the president took questions about in the White House.

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Trump’s Threat to Impose Fees in the Strait of Hormuz Contradicts His Aides

The New York Times

Jul 13, 2026

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Trump’s Threat to Impose Fees in the Strait of Hormuz Contradicts His Aides

President Trump said the United States could collect tolls or fees, despite Vice President JD Vance and Secretary of State Marco Rubio saying no country could do so.

Center Left

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Trump backs off 20% toll on ships in Strait of Hormuz, pushes US investments

New York Post

Jul 14, 2026

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Trump backs off 20% toll on ships in Strait of Hormuz, pushes US investments

President Trump on Tuesday backed off his proposed 20% toll for ships passing through the Strait of Hormuz in favor of investment deals that Persian Gulf states will ink with the US.

Right

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Trump orders resumption of Iran war with goal of taking over the Strait of Hormuz: ‘We gave them a chance’

Washington Examiner

Jul 14, 2026

Good Match

Trump orders resumption of Iran war with goal of taking over the Strait of Hormuz: ‘We gave them a chance’

TRUMP: ‘WE GAVE THEM A CHANCE’: On social media, at the White House, and in a series of interviews, an angry and frustrated President Donald Trump announced the war with Iran was back on, with the goal of taking full control of the Strait of Hormuz and charging a “reimbursement fee” on cargo that passes…

Center Right

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