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The Independent UK
The Independent UK
Nick Lester

Trump move to levy 20% toll on Strait of Hormuz shipping ‘economic extortion’

The president says the US will be ‘reimbursed’ for providing safe transit (PA) - (PA Wire)

A move by Donald Trump to levy a 20% toll on shipping for safe passage through the Strait of Hormuz waterway has been branded “state-backed highway robbery” by critics in Britain.

The US president claims charging a fee on cargo for use of the channel is a “matter of fairness” to cover the cost of providing security, but the plan has prompted an immediate backlash in the UK.

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