BBC News·2 min read·medium
Trump reinstates Iran port blockade and vows 20% charge on cargo passing through Hormuz - BBC
✦AI Summary
President Trump has announced a new policy to blockade Iranian ports and impose a 20% tariff on all cargo passing through the Strait of Hormuz. The U.S. will designate itself as the guardian of the strait, citing the need for reimbursement for security efforts.
"The U.S.A. will be, from this point forward, known as "THE GUARDIAN OF THE HORMUZ STRAIT," but as such, and as a matter of FAIRNESS, will be reimbursed, at the rate of 20% on all cargo shipped, for …
politicsworldeconomy
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