Trump scraps planned Strait of Hormuz cargo fee after one day
US President Donald Trump has reversed his decision to charge cargo in the Strait of Hormuz a 20 per cent fee.
The backflip, just a day after he announced it, comes as the American blockade of Iranian ships in the Strait of Hormuz resumes.
“This way there is no fee, I don’t like the concept of a fee, but at the same time it’s not fair that we are protecting this strait for the entire world,” Mr Trump said.
