{"id":543,"date":"2026-07-14T17:43:48","date_gmt":"2026-07-14T17:43:48","guid":{"rendered":"https:\/\/officemovingamerica.com\/?p=543"},"modified":"2026-07-14T17:43:48","modified_gmt":"2026-07-14T17:43:48","slug":"trump-drops-20-fee-plan-for-hormuz-strait-in-favor-of-deals-with-gulf-states","status":"publish","type":"post","link":"https:\/\/officemovingamerica.com\/?p=543","title":{"rendered":"Trump Drops 20% Fee Plan for Hormuz Strait in Favor of Deals With Gulf States"},"content":{"rendered":"<div>\n<div>\n<p>July 14 (Reuters) &#8211; U.S. President Donald \u2060Trump \u2060on Tuesday dropped the \u2060idea of charging a 20% fee \u200bon all cargo shipped through the Strait of Hormuz, and \u200csaid he would instead \u200ctake trade and investment deals with the Gulf \u2060states.<\/p>\n<p>Read more <a href=\"https:\/\/officemovingamerica.com\/?p=541\">Trump Says No One Should Be Able to Charge a Fee for the Strait of Hormuz<\/a><\/p>\n<\/div>\n<div>\n<p>The \u2060change of plan comes a day after Trump proposed charging \u200ba 20% fee to guard the waterway.<\/p>\n<\/div>\n<div>\n<div><\/div>\n<\/div>\n<div>\n<p>&#8220;Based on highly productive conversations with Middle East leadership, I have decided to \u200breplace the 20% United States Reimbursement Fee with Trade \u2060and \u2060Investment Deals that the \u2060various \u200bGulf States will be making into the United States,&#8221; he \u200bsaid in a \u2060post on Truth Social.<\/p>\n<\/div>\n<div>\n<div><\/div>\n<\/div>\n<div>\n<p>Trump did not mention any commitments by Gulf states, saying &#8220;Investments will be MASSIVE but, at the same time, extraordinarily good for them, \u2060and their future.&#8221;<\/p>\n<p>Read more <a href=\"https:\/\/officemovingamerica.com\/?p=539\">Meta Used AI to Target Workers With Medical Conditions for Layoffs, Lawsuit Claims<\/a><\/p>\n<\/div>\n<div>\n<p>Shortly after Trump made the 20% fee proposal \u2060on Monday, the U.N.&#8217;s shipping agency said it opposed fees on ships passing through maritime waterways but added it would await more details of what Trump had in mind.<\/p>\n<\/div>\n<div>\n<p>In his post on Tuesday, Trump declared the Strait of Hormuz was open to all ship traffic except for Iran.<\/p>\n<\/div>\n<div>\n<p>&#8220;We \u2060will therefore have a FULL Blockade, but only on Ships coming to and from Iranian ports, or carrying anything have to do with Iranian \u200bcargo,&#8221; he said.<\/p>\n<p>Read more <a href=\"https:\/\/officemovingamerica.com\/?p=537\">Russia Launches American and Two Cosmonauts to Space Station With Rare NASA Chief Visit<\/a><\/p>\n<\/div>\n<div>\n<p>(Reporting by Bhargav Acharya and \u200bIsmail Shakil;Editing by David Ljunggren)<\/p>\n<\/div>\n<div>\n<p><b>Copyright 2026 Thomson Reuters<\/b>.<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>US News is a recognized leader in college, grad school, hospital, mutual fund, and car rankings. 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