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4 hours ago

Trump backs off 20% fee threats for cargo shipped through Strait of Hormuz

Trump backs off 20% fee threats for cargo shipped through Strait of Hormuz

By Bhargav Acharya and Ismail Shakil Reuters Posted July 14, 2026 12:03 pm 1 min read U.S. President Donald Trump on Tuesday dropped the idea of charging a 20 per cent fee on all cargo shipped through the Strait of Hormuz, and said he would... Read more.

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