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2 hours ago

Trump drops 20% Hormuz levy in favour of Gulf trade deals as Netanyahu warns Iran of 'decisive blow'

Trump drops 20% Hormuz levy in favour of Gulf trade deals as Netanyahu warns Iran of 'decisive blow'

US President Donald Trump said on Tuesday he was scrapping a planned 20% levy on ships transiting the Strait of Hormuz, a day after announcing it, and would instead pursue trade deals with Gulf allies. Trump said his decision to withdraw the toll,... Read more.

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Trump drops 20% Hormuz levy in favour of Gulf trade deals as Netanyahu warns Iran of 'decisive blow'
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