Trump abruptly kills his Strait of Hormuz toll after just one day... and reveals what Gulf states must do instead
- Posted on July 14, 2026
- By Daily Mail
- 0 Views
- 1 min read
In brief
President Trump reversed his controversial proposal to impose a 20% tariff on maritime commerce through the Strait of Hormuz within 24 hours of announcement. The abrupt policy shift signals a strategic recalibration in Middle Eastern trade negotiations. Instead of toll implementation, the administration outlined alternative requirements for Gulf nations, focusing on security cooperation and economic partnerships rather than punitive tariffs on global shipping.
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Trump abruptly kills his Strait of Hormuz toll after just one day... and reveals what Gulf states must do instead
In a stunning twist, President Donald Trump has executed a breathtaking U-turn on his threat to slap a 20% toll on cargo passing through the strategic Strait of Hormuz.
