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EventDiplomatic

Trump Drops Proposed 20% Hormuz Fee, Replaces It With Gulf Investment Deals

14 JUL 2026 · 1519Z

President Donald Trump has abandoned his proposal to charge a 20% fee on cargo moving through the Strait of Hormuz, saying the United States will instead seek trade and investment...

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Indexed Jul 14, 15:19 UTC · gCaptain

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