Washington Examiner

Trump’s Hormuz tolls were designed to jolt the world to attention

Jul 14, 2026Center Right

President Donald Trump announced on Monday that the United States would impose a 20% toll on the value of any cargo being transported by a vessel transiting the Strait of Hormuz. Trump further announced the reintroduction of a blockade on vessels transiting Iranian ports. On Tuesday, Trump said he would replace the toll with new…

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Trump backtracks on Hormuz 20% toll demand

Axios

Jul 14, 2026

Good Match

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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