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Trump nixes 20 percent Strait of Hormuz toll proposal

Jul 14, 2026Center

President Trump announced on Tuesday that he would scrap his proposal yesterday for a 20 percent tolling fee on cargo transiting the Strait of Hormuz, and would instead pursue trade and investment deals with Gulf states. Trump made the pitch a day ago as part of efforts to unlock commercial shipping through the crucial waterway.…

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6 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 Plan to Charge a Toll in the Strait of Hormuz: What to Know

The New York Times

Jul 14, 2026

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Trump’s Plan to Charge a Toll in the Strait of Hormuz: What to Know

President Trump announced a 20 percent fee on cargo through the waterway, despite his own administration’s position that such fees violate international law.

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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.

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Trump re-imposes Iran blockade and demands 20 percent tariff on ALL exports through Strait of Hormuz as oil prices skyrocket

Daily Mail

Jul 13, 2026

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Trump re-imposes Iran blockade and demands 20 percent tariff on ALL exports through Strait of Hormuz as oil prices skyrocket

Tehran says the fallout has already reached the negotiating table with their foreign ministry claiming Trump's memorandum of understanding with Iran has entered a 'crisis phase.'

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Trump backtracks on Hormuz 20% toll demand

Axios

Jul 14, 2026

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Trump backtracks on Hormuz 20% toll demand

President Trump on Tuesday walked back his demand for collecting a 20% toll from ships that transit through the Strait of Hormuz — and instead said Gulf states would make major investments in the U.S.Why it matters: Trump's Hormuz fee announcement on Monday was deemed illegal by the UN maritime agency and shocked many U.S. allies in the Gulf. It also…

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Trump Says US Will End Up Controlling Strait of Hormuz

Bloomberg

Jul 13, 2026

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Trump Says US Will End Up Controlling Strait of Hormuz

The US is "taking out" all of Iran’s capability that has anything to do with the Strait of Hormuz and will "end up just controlling the whole thing" in the end, President Donald Trump says in the Oval Office. (Source: Bloomberg)

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