Watch: Trump says he will drop Hormuz fee for trade with Gulf states
ONP Summary
President Trump announced the U.S. would charge a 20% fee on cargo transiting the Strait of Hormuz and serve as its 'guardian' after a ceasefire with Iran collapsed. Days later, Trump said he would replace the fee with trade and investment agreements with Gulf states.
Progressive:Economically damaging proposal — Progressive outlets characterized the toll as burdensome to global commerce and criticized it as undermining U.S. credibility.
Moderate:Strategic assertion — Moderate outlets reported Trump's framing of the U.S. as a 'guardian' controlling access to the strategic waterway.
Conservative:Legally questionable — Conservative outlets questioned whether international law permits unilateral cargo fees on international waters.
Watch: Trump says he will drop Hormuz fee for trade with Gulf states
US President Donald Trump announced on Tuesday that the US will make trade and investment deals with the Gulf states instead of the 20 percent levy he previously proposed for ships to pass through the Strait of Hormuz.
“The Gulf states are going to invest a tremendous amount of money into the United States.”
Donald Trump said that the US will make investment deals with the Gulf states instead of the 20 percent levy he previously proposed for ships to pass through the Strait of Hormuz pic.twitter.com/uf7TeUBB4s
— Middle East Eye (@MiddleEastEye) July 15, 2026 ...
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