Trump Proposes Toll for Ships Through Strait of Hormuz Amid Tensions

President Donald Trump has proposed imposing a 20% fee on ships passing through the Strait of Hormuz, which could further reduce already dwindling traffic. Shipping executives warn that such tolls may discourage commercial vessels from using this vital waterway.

By Joseph Wilkins,Sam Meredith · CNBC ·

Trump Proposes Toll for Ships Through Strait of Hormuz Amid Tensions

Topics: shipping strait_of_hormuz tariffs u.s.-iran_relations

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