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Trump withdraws fee proposal on Hormuz cargo as US plans to resume blockade of Iran ports

President Trump has canceled a recent proposal to charge cargo ships a fee for using the Strait of Hormuz. This change occurs as the US is set to reinstate a blockade on Iranian ports to address Iran's control over the area.

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Donald Trump

President Donald Trump has retracted a proposal made just a day earlier to impose a 20% fee on cargo ships using the Strait of Hormuz. This decision comes as the United States prepares to resume its blockade of Iranian ports in an effort to counter Iran's influence over the waterway.

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Original Headline

Trump scraps threat of 20% fee on Hormuz cargo as US prepares to resume blockade of Iran ports

Neutral Headline

Trump withdraws fee proposal on Hormuz cargo as US plans to resume blockade of Iran ports