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BBC News·3 min read·medium

Trump scraps threat of 20% fee on Hormuz cargo as US prepares to resume blockade of Iran ports - BBC

Trump scraps threat of 20% fee on Hormuz cargo as US prepares to resume blockade of Iran ports - BBC
AI Summary

President Trump has abandoned plans to impose a 20% fee on cargo passing through the Strait of Hormuz. This decision follows discussions with the Iraqi Prime Minister regarding the protection of regional shipping lanes.

Speaking later after talks in Washington with the new Iraqi Prime Minister Ali al-Zaidi, Trump said: "I don't like the concept of a fee, but at the same time, it's not fair that we're protecting this…

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