Trump scrapped his plan to slap a 20 per cent toll on ships using the Strait of Hormuz just one day after unveiling it, admitting he did not 'like the concept of a fee' even as tensions with Iran intensify.
United States President Donald Trump had abruptly announced the levy on Monday on Truth Social, calling it a necessary 'reimbursement' for securing the key waterway. By Tuesday, the American leader had reversed course, dropping the maritime fee amid an escalating confrontation between Washington and Tehran.
