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President Trump on why he backed off plan for a toll in the Strait of Hormuz after one day

July 26, 2026
in Market & News
Reading Time: 1 min read
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One day after announcing it, President Trump said he was dropping the imposition of an American fee of 20% on non-Iranian ships traveling through the Strait of Hormuz.

For more context and news coverage of the most important stories of our day, click here:

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