Trump proposes 20% cargo charge for Hormuz Strait security
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US President Donald Trump proposed a 20% charge on all cargo transiting the Strait of Hormuz under a new US-led maritime security plan. This initiative is aimed at securing one of the world's busiest shipping corridors.
US President Donald Trump has proposed imposing a 20% charge on all cargo transiting the Strait of Hormuz as part of a new US-led maritime security initiative for one of the world’s busiest shipping corridors. In a statement published on Truth Social, Trump declared that the Strait of Hormuz “is OPEN, and will remain OPEN, […] The post Trump proposes 20% cargo charge for Hormuz Strait security appeared first on Container News.