‘Grasping at straws’: Trump’s Hormuz toll thought bubble didn’t last long – but the ramifications will
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.
If the US president’s war enabled Iran to weaponise the strait in the first place, the preposterous 20 per cent toll proposal only gives them more ammunition. ...
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