On July 14, 2026, President Trump announced the cancellation of his proposal to impose a toll on ships navigating the Strait of Hormuz. The plan aimed to help the United States recoup expenses related to military protection for vessels in the region.
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Trump Withdraws Proposal for Toll on Ships in the Strait of Hormuz
President Trump has canceled his plan to charge a toll on ships passing through the Strait of Hormuz. The proposal was intended to offset the costs of military protection for vessels in the area.
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