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

Trump drops a 24-hour-old vow to charge cargo ships for using the Strait as the US continues its battle to break Iran's hold on the waterway.

Trump Backs Off 20% Fee for Strait of Hormuz Shipments - Bloomberg.com

Trump Backs Off 20% Fee for Strait of Hormuz Shipments  Bloomberg.com

Trump says US to abandon proposed Strait of Hormuz cargo fee

US president says he will ‘replace’ plan with investment into the US from Gulf states

Trump backtracks on plan to toll ships in Strait of Hormuz

United States President Donald Trump scrapped a plan to impose a levy on ships moving through the Strait of Hormuz on Tuesday, citing discussions with Middle East partners. He said he would continue to bar passage of all Iranian ships.

Trump forced to refund billions in tariffs - The Latest

The US government has been forced to pay billions in refunds to companies that were hit by Donald Trump’s ‘liberation day’ tariffs. The US has paid out $81bn (£61bn) this fiscal year after the supreme court ruled the tariffs were illegal. Lucy Hough speaks to Chris Michael, an international editor for Guardian US Continue reading...

By Presented by Lucy Hough with Chris Michael ; produced by Angus Neale and Sam Gruet ; executive producer Zoe Hitch

US President Trump drops 20% Strait of Hormuz fee plan

US President Donald Trump says he has abandoned his proposed 20% fee on cargo transiting the Strait of Hormuz.

Trump’s Hormuz toll plan could backfire, global shipping industry warns — here’s why

For shipping giant Hapag-Lloyd, it is "fundamentally wrong" to charge tolls for passage through international waters, regardless of the country in charge.

US-Iraq relations: Can Iran-allied militias be disarmed?

When Donald Trump meets Iraq's new PM today, they are likely to discuss disarming Iran's allies in Iraq. Some have already pledged to give up their guns. But is that likely? And will it influence the US-Iran war?

Trump scraps Hormuz toll plan but presses ahead with Iran blockade

US President Donald Trump on Tuesday abandoned plans to impose a 20 per cent charge on commercial cargo passing through the Strait of Hormuz, less than a day after unveiling the proposal, while pressing ahead with a naval blockade targeting Iranian trade. Trump said the proposed fee would be replaced by trade and investment agreements with Gulf states following discussions with regional leaders. “Based on highly productive conversations with Middle East leadership, I have decided to replace t...

By Teresa Elena Frontado

Another U-turn shows how Trump is lost in his own forever war with Iran

Editorial: The US president is finding it hard to navigate his own erratic Tehran policy, not least when it comes to opening the vital Strait of Hormuz

By Editorial

Iran unexpectedly backs Trump’s plan to charge ships in Strait of Hormuz — then declares Tehran will collect the money

Outspoken Putin critic with plans to run in Russia’s fall elections arrested as ‘foreign agent’

Boris Nadezhdin is one of the few critics in Russia who publicly criticizes Putin's rule and Moscow's Ukraine war who is not in prison or exile

By AFP

'Will replace 20% Hormuz fee with ... ': Trump says strait open for all but Iran

By TOI WORLD DESK

Trump reverses decision to impose 20% Hormuz fees in favour of Gulf investment deals

India condemns seafarer's killing in Hormuz, strongly protests with Iran: 'Deeply concerned'

In a strongly worded statement, the ministry of external affairs (MEA) said it was "deeply concerned" by the attacks on MT Al Bahiyah and MT Mombasa.

Trump steps back from Hormuz fee plan; new strikes hit Iran

US President Donald Trump stepped back from a proposal to charge a 20 per cent transit fee to guard the vital Strait of Hormuz waterway as part of the conflict with Iran, saying on Tuesday he would instead seek investment deals with Gulf states. US forces had carried out waves of attacks for the third night in a row after Tehran said it had closed the strait, prompting Trump on Monday to reinstate a blockade of Iranian shipping and propose the fee. But just a little under five hours before th...

By none@none.com (Reuters)

After Strait of Hormuz, Iran turns to Bab el-Mandeb as new pressure point - analysis

Having choked off shipping through the Strait of Hormuz, Iran is now using the Houthis to extend its threat to global trade and energy supplies beyond the Persian Gulf.

Trump Can't Think 'Strait' On Hormuz. Drops Transit Fee, Wants Deals

Trump spoke about how factories, plants and equipment will "pour" into the United States at "historic" levels, which will in turn create high-paying jobs.

Trump steps back from proposal for Hormuz fees in favour of Gulf investment deals

The US President said he would replace the proposed 20 per cent fee with trade and investment deals with various Gulf states.

US and Iran launch strikes as Trump reverses threat to tax ships passing through Strait of Hormuz

As attacks in the waterway continued, Trump said he was scrapping a planned levy on ships passing through it that he announced a day earlier.

Trump wants fees for Hormuz just like Iran — is that legal?

No such unilateral move to demand fees to traverse a strait has been made in modern history

By Reuters

Trump backs away from threat to charge Strait of Hormuz tolls

U.S. President Donald Trump reversed Tuesday his plans to charge a 20% toll on cargo going through the Strait of Hormuz a day after he announced it. Instead, Trump said Middle Eas...

Graham's Final Mission? Trump Backs Hard-Hitting Russia Sanctions Package

Graham's Final Mission? Trump Backs Hard-Hitting Russia Sanctions Package Apparently the late Senator Lindsey Graham's hawkish neocon legacy will continue to reverberate from beyond the grave. The 71-year old lawmaker died Saturday night "from a brief and sudden illness" - immediately after returning from Ukraine where he had toured drone and weapons factories. President Trump is expected to support the passage of a new bipartisan Russia sanctions package that was long spearhead...

By Tyler Durden

Trump backtracks on plan to toll Hormuz ships

Trump said Middle Eastern leaders persuaded him to reduce the toll just a day after he announced it -- and added that he was against charging any fees for the key waterway. The post Trump backtracks on plan to toll Hormuz ships appeared first on Vanguard News.

By Akinbayo Wahab

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

Donald Trump reverses his threat of a toll on ships in the Strait of Hormuz, as the US prepares to resume its blockade of Iran's ports.

By Prince Adu-Owusu