President Trump dropped the idea of charging a 20% fee on all cargo shipped through the Strait of Hormuz, one day after he proposed it, saying he would instead take trade and investment deals with the Gulf states.
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Trump Scraps Hormuz Toll, Iran Strikes Intensify
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- Trump withdraws planned 20% levy on Hormuz ships, calls for trade deals with Gulf countries instead The Hindu —
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Trump drops 20% fee plan for Hormuz Strait
Reuters
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