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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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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