{"id":366359,"date":"2026-07-14T21:37:20","date_gmt":"2026-07-14T16:07:20","guid":{"rendered":"https:\/\/ebiztoday.news\/?p=366359"},"modified":"2026-07-14T21:37:20","modified_gmt":"2026-07-14T16:07:20","slug":"trump-backs-off-20-fee-threats-for-cargo-shipped-through-strait-of-hormuz-national","status":"publish","type":"post","link":"https:\/\/ebiztoday.news\/index.php\/2026\/07\/14\/trump-backs-off-20-fee-threats-for-cargo-shipped-through-strait-of-hormuz-national\/","title":{"rendered":"Trump backs off 20% fee threats for cargo shipped through Strait of Hormuz &#8211; National"},"content":{"rendered":"<p><\/p>\n<div id=\"article-byline\">\n<div class=\"c-byline__text\">\n<p>\n\t\t\t\t<span>By Bhargav Acharya and Ismail Shakil<\/span><br \/>\n\t\t\t\t<span class=\"c-byline__source c-byline__source--noName\"><br \/>\n\t\t\t\t\t\t\t\t\t\tReuters<br \/>\n\t\t\t\t<\/span>\n\t\t\t<\/p>\n<div class=\"c-byline__datesWrapper\">\n<div class=\"c-byline__dates\">\n<p>\n\t\t\t\t\t<span>Posted July 14, 2026 12:03 pm<\/span>\n\t\t\t\t\t\t\t\t\t<\/p>\n<p>\n\t\t\t\t<strong>1 min read<\/strong>\n\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<div>\n<div class=\"l-article__details\" data-article-socialshare=\"true\">\n<div id=\"article-fontSizer\" class=\"c-fontSizer\">\n<p>\n\t\t<button class=\"c-fontSizer__button c-fontSizer__button--decrease c-button c-button--details c-button--mini\" data-trackable=\"true\" data-trackaction=\"Font Sizer Decrease Font\" data-tooltip-title=\"Decrease text size\"><br \/>\n\t\t\t<span class=\"sr-only\">Descrease article font size<\/span><br \/>\n\t\t\t\t<svg class=\"c-icon  c-fontSizer__icon\" focusable=\"false\">\n\t\t<use xlink:href=\"https:\/\/globalnews.ca\/wp-content\/themes\/shaw-globalnews\/assets\/dist\/icons\/out\/symbol\/svg\/sprite.symbol.svg?v=03zxzk4qx#font-decrease\"><\/use>\n\t<\/svg><br \/>\n\t\t\t<\/button>\n\t<\/p>\n<p>\n\t\t<button class=\"c-fontSizer__button c-fontSizer__button--increase c-button c-button--details c-button--mini\" data-trackable=\"true\" data-trackaction=\"Font Sizer Increase Font\" data-tooltip-title=\"Increase text size\"><br \/>\n\t\t\t<span class=\"sr-only\">Increase article font size<\/span><br \/>\n\t\t\t\t<svg class=\"c-icon  c-fontSizer__icon\" focusable=\"false\">\n\t\t<use xlink:href=\"https:\/\/globalnews.ca\/wp-content\/themes\/shaw-globalnews\/assets\/dist\/icons\/out\/symbol\/svg\/sprite.symbol.svg?v=03zxzk4qx#font-increase\"><\/use>\n\t<\/svg><br \/>\n\t\t\t<\/button>\n\t<\/p>\n<\/div>\n<\/div>\n<article class=\"l-article__text js-story-text\" aria-label=\"Article text\">\n<p>U.S. President Donald Trump on Tuesday dropped the concept of charging a 20 per cent fee on all cargo shipped through the Strait of Hormuz, and said he would as an alternative take trade and investment deals with the Gulf states.<\/p>\n<p>The change of plan comes a day after Trump proposed charging a 20 per cent fee to protect the waterway.<\/p>\n<p>\u201cBased on highly productive conversations with Middle East leadership, I actually have decided to switch the 20 per cent United States Reimbursement Fee with Trade and Investment Deals that the varied Gulf States shall be making into the US,\u201d he said in a post on Truth Social.<\/p>\n<div class=\"l-article__part\" data-shortcode=\"related_videos\">\n<div class=\"l-inlineStories l-inlineStories--video\">\n<p>\n\t\t\t\t\t\t<span class=\"l-inlineStories__title\">Related Videos<\/span>\n\t\t\t\t\t<\/p>\n<section id=\"miniplayer-carousel\" class=\"l-videoCarousel l-videoCarousel--embed c-carousel\" data-video-carousel-play-inline=\"true\" data-video-carousel-init=\"false\" aria-label=\"Video carousel contains 5 videos.\">\n<div class=\"l-videoCarousel__inner\">\n<div class=\"l-videoCarousel__featured\">\n<div class=\"c-video c-videoPlay \" data-iframe-receiver=\"\" data-autoplay=\"\" data-displayinline-featured=\"true\" data-displayinline-type=\"video\" data-displayinline-player-id=\"miniplayer\" data-displayinline-video-id=\"11964524\" data-displayinline-ratio=\"16:9\" data-displayinline=\"https:\/\/globalnews.ca\/video\/embed\/playlist\/11964524,11964479,11964450,11963236,11962668\/?poster=https%3A%2F%2Fi1.wp.com%2Fmedia.globalnews.ca%2Fvideostatic%2Fnews%2Fro66t66ggz-u573jgztec%2F260713-JACKSON.jpg%3Fw%3D1200%26quality%3D70%26strip%3Dall#autoplay&#038;stickyiframe=miniplayer\" data-displayinline-playlist=\"11964524,11964479,11964450,11963236,11962668\" data-displayinline-sticky=\"true\" data-permutive-data='{\"content\":{\"name\":\"U.S. and Iran reignite standoff over Strait of Hormuz\",\"type\":\"video\",\"sections\":[\"videos\",\"national\",\"politics\",\"world\"],\"keywords\":[\"donald-trump\",\"hormuz\",\"hormuz-blockades\",\"hormuz-closure\",\"hormuz-standoff\",\"international\",\"iran\",\"iran-attacks\",\"iran-ceasefire\",\"iran-deal\",\"iran-hormuz\",\"iran-war\",\"short-clip\",\"strait-of-hormuz\",\"top-news\",\"trump\",\"trump-ceasefire\",\"trump-hormuz\",\"trump-iran\",\"u-s\",\"u-s-iran\",\"war\",\"global-national\"],\"iab\":{\"categories\":[\"News\",\"News\/Politics\"],\"tags\":[\"Arab states of the Persian Gulf\",\"Blockade\",\"Cargo\",\"Cargo ship\",\"Donald Trump\",\"Fee\",\"Investment\",\"Iran\",\"Iraq\",\"Middle East\",\"Ship\",\"Shipping agency\",\"Strait of Hormuz\",\"Trade\",\"Truth Social\",\"United Nations\",\"United States\",\"Waterway\",\"White House\"]}}}'>\n<div class=\"c-video__inner \">\n\t\t\t\t\t<span class=\"c-video__placeholder\"><br \/>\n\t\t\t\t\t\t<img decoding=\"async\" class=\"c-video__image\" alt=\"Click to play video: 'U.S. and Iran reignite standoff over Strait of Hormuz'\" width=\"640\" height=\"360\" src=\"https:\/\/i1.wp.com\/media.globalnews.ca\/videostatic\/news\/ro66t66ggz-u573jgztec\/260713-JACKSON.jpg?w=1040&#038;quality=70&#038;strip=all\" loading=\"lazy\" srcset=\"\" sizes=\"auto, \" data-sizes=\"(min-width: 1040px) 1040px,(min-width: 720px) 720px,450px\"><br \/>\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"c-video__overlay\"><\/p>\n<p>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<time class=\"c-video__duration\">2:02<\/time><br \/>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"c-video__title\">U.S. and Iran reignite standoff over Strait of Hormuz<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/p>\n<p>\t\t\t\t\t\t<\/span><br \/>\n\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"l-videoCarousel__glide glide \">\n<div class=\"glide__arrows c-carousel__buttons l-videoCarousel__buttons\" data-glide-el=\"controls\">\n\t<button class=\"glide__arrow glide__arrow--left c-carousel__button c-carousel__prev l-videoCarousel__button l-videoCarousel__prev c-longform-gallery__prev\" data-glide-dir=\"<\"><\/p>\n<p>\t\t<span class=\"sr-only\">Previous Video<\/span><br \/>\n\t<\/button><br \/>\n\t<button class=\"glide__arrow glide__arrow--right c-carousel__button c-carousel__next l-videoCarousel__button l-videoCarousel__next c-longform-gallery__next\" data-glide-dir=\">&#8220;><\/p>\n<p>\t\t<span class=\"sr-only\">Next Video<\/span><br \/>\n\t<\/button><br \/>\n\t\t<button class=\"c-carousel__goto\" data-glide-dir=\"=0\" aria-hidden=\"true\" tabindex=\"-1\"><\/button>\n\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>\t\t<!-- video stream item --><\/p>\n<\/section><\/div>\n<\/p><\/div>\n<div class=\"c-tabs\">\n<p>\n\t\t\t<button role=\"tab\" class=\"c-tabs__tab c-tabs__tab--active\" type=\"button\">More on World<\/button><br \/>\n\t\t\t<button role=\"tab\" class=\"c-tabs__tab\" type=\"button\">More videos<\/button>\n\t\t<\/p>\n<\/p><\/div>\n<div class=\"c-ad c-ad--bigbox l-article__ad c-ad--tallSticky\">\n<p>Story continues below commercial<\/p>\n<\/p><\/div>\n<p>Trump didn&#8217;t mention any commitments by Gulf states, saying \u201cInvestments shall be MASSIVE but, at the identical time, extraordinarily good for them, and their future.\u201d<\/p>\n<div class=\"c-inlineSignup\" data-newsletter-inline=\"\">\n<div class=\"c-inlineSignup__image\">\n\t\t\t\t<img decoding=\"async\" width=\"170\" height=\"225\" loading=\"lazy\" src=\"https:\/\/globalnews.ca\/wp-content\/themes\/shaw-globalnews\/images\/skyline\/national.jpg\" alt=\"Get breaking Canada news delivered to your inbox as it happens so you won't miss a trending story.\">\n\t\t\t<\/div>\n<div class=\"c-inlineSignup__content\">\n<h2 class=\"c-inlineSignup__title\">Get breaking National news<\/h2>\n<p>Get breaking Canada news delivered to your inbox because it happens so you will not miss a trending story.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<p>Shortly after Trump made the 20 per cent fee proposal on Monday, the U.N.\u2019s shipping agency said it opposed fees on ships passing through maritime waterways but added it will await more details of what Trump had in mind.<\/p>\n<p>In his post on Tuesday, Trump declared the Strait of Hormuz was open to all ship traffic apart from Iran.<\/p>\n<p>\u201cWe&#8217;ll due to this fact have a FULL Blockade, but only on Ships coming to and from Iranian ports, or carrying anything need to do with Iranian cargo,\u201d he said.<\/p>\n<\/article><\/div>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Bhargav Acharya and Ismail Shakil Reuters Posted July 14, 2026 12:03 pm 1 min read Descrease article font size Increase article font size U.S. President Donald Trump on Tuesday dropped the concept of charging a 20 per cent fee on all cargo shipped through the Strait of Hormuz, and said he would as an [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":366360,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20691],"tags":[761,5268,14075,35584,1903,9141,21282,5718,1313],"class_list":["post-366359","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world","tag-backs","tag-cargo","tag-fee","tag-hormuz","tag-national","tag-shipped","tag-strait","tag-threats","tag-trump"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.9 - aioseo.com -->\n\t<meta name=\"description\" content=\"By Bhargav Acharya and Ismail Shakil Reuters Posted July 14, 2026 12:03 pm 1 min read Descrease article font size Increase article font size U.S. President Donald Trump on Tuesday dropped the concept of charging a 20 per cent fee on all cargo shipped through the Strait of Hormuz, and said he would as an\" \/>\n\t<meta name=\"robots\" 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