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Rewritten from New York Times — Business 1 min read
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Trump Changes Position on Strait of Hormuz Fees

Former President Donald Trump initially proposed a 20 percent fee for military protection in the Strait of Hormuz but changed his position the following day, advocating for Gulf states to invest in the U.S. economy.

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Donald Trump

On July 13, 2026, former President Donald Trump stated he would impose a 20 percent fee on ships for U.S. military protection in the Strait of Hormuz. However, on July 14, he shifted his stance, expressing a desire for Gulf states to invest in the United States instead.

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Original vs. Neutral

Original Headline

Trump Flip-Flops on Strait of Hormuz, Creating New Risks for Global Economy

Neutral Headline

Trump Changes Position on Strait of Hormuz Fees