{"id":967,"date":"2026-07-14T21:41:05","date_gmt":"2026-07-14T21:41:05","guid":{"rendered":"https:\/\/smartmovinghome.com\/?p=967"},"modified":"2026-07-14T21:41:05","modified_gmt":"2026-07-14T21:41:05","slug":"day-after-threat-to-put-fees-on-strait-of-hormuz-trump-says-he-denounces-idea","status":"publish","type":"post","link":"https:\/\/smartmovinghome.com\/?p=967","title":{"rendered":"Day After Threat to Put Fees on Strait of Hormuz, Trump Says He Denounces Idea"},"content":{"rendered":"
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Read more New Lawsuit Challenges \u201cPublic-Private Conspiracy\u201d Against Palestine Solidarity<\/a><\/p>\n<\/div>\n<\/div>\n

U.S. President Donald Trump has swiftly backtracked his threat to impose a 20 percent fee on cargo that passes through the Strait of Hormuz, calling off the plan just a day after he announced it \u2014 and claiming that, in fact, he never supported such an idea.<\/p>\n

Instead of the proposed 20 percent fee, the U.S. will be granted economic deals with other countries in the region in exchange for passage through the strait, Trump said, without providing any specifics.<\/p>\n

\u201cBased on highly productive conversations with Middle East leadership, I have decided to replace the 20% United States Reimbursement Fee with Trade and Investment Deals that the various Gulf States will be making into the United States,\u201d Trump said in a post on Truth Social. \u201cThose Investments will be MASSIVE but, at the same time, extraordinarily good for them, and their future.\u201d<\/p>\n

It\u2019s unclear what investments Trump is referring to. Speaking to reporters in the White House on Tuesday, Trump said that he \u201cwas called by different people, different countries, kings and emirs\u201d after his announcement on Monday morning. However, the Trump administration did not announce new major economic deals with Persian Gulf nations at the time that Trump announced his reversal.<\/p>\n

Trump declared on Monday that the U.S. would, from then on, be known as the \u201cguardian of the Hormuz Strait,\u201d a seemingly unilateral declaration. He said that the U.S. would impose a 20 percent fee on cargo that passed through the strait, while the military would reimpose its blockade on Iranian ships. The blockade was initially lifted during the short-lived \u201cmemorandum of understanding\u201d between Iran and the U.S. that began in June.<\/p>\n

Read more Trump Will Address Supposed Election Interference Claims in Primetime Speech<\/a><\/p>\n

The logistics of Trump\u2019s fee and guardianship plan were unclear, and directly contradicted the position of Secretary of State Marco Rubio, who said late last month that \u201cno country is allowed\u201d to charge fees on transit through the strait under international law.<\/p>\n

The president echoed that sentiment after he backtracked on Tuesday. <\/p>\n

Speaking of the supposed investments at the White House on Tuesday, Trump said, \u201cI like that, actually, because I don\u2019t think anybody should be able to charge a fee for the strait or for any other strait relationship in terms of other sections of the world.\u201d<\/p>\n

\u201cBut we were doing it as a reimbursement,\u201d he added.<\/p>\n

After Trump\u2019s announcement on Monday, Iranian Foreign Minister Abbas Araghchi said that he agreed that countries \u201cshould be compensated\u201d for passage through the strait. \u201cIran has always been the GUARDIAN of the Strait and will remain so FOREVER. 20% is of course too much. We will be fair,\u201d he said, making light of Trump\u2019s threat in a post on social media.<\/p>\n

The U.S. has continued its bombardments of Iran this week, hitting yet more sites across Iran on Tuesday as Iran retaliated on U.S. assets in surrounding states. Experts have warned that escalation may be inevitable as long as the level of strikes continues.<\/p>\n

Read more Jeffries Says He\u2019s Voting Against Measure to Cut Aid to Israel by $3.3 Billion<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The president said that, actually, \u201cI don\u2019t think anybody should be able to charge a fee for the strait.\u201d\u2026<\/p>\n","protected":false},"author":1,"featured_media":966,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-967","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-interesting"],"yoast_head":"\nDay After Threat to Put Fees on Strait of Hormuz, Trump Says He Denounces Idea - Smart Moving Home<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/smartmovinghome.com\/?p=967\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Day After Threat to Put Fees on Strait of Hormuz, Trump Says He Denounces Idea - 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