NDTV·2 min read·medium
US To Charge 20% On Cargo Shipped Through Strait Of Hormuz: Trump
✦AI Summary
President Trump announced a 20% tariff on cargo passing through the Strait of Hormuz. The US is also reinstating a blockade to restrict Iranian maritime traffic.
The US president asserted that the strait is open and added that the US is reinstating the blockade to stop Iranian ships from entering or leaving the country.
politicsworldeconomy
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