LIVEBusiness & Money1 votes· 5d ago

The U.S. says it will guard the Strait of Hormuz and charge a 20% fee on cargo passing through to cover the cost. Good approach?

President Trump said the U.S. would act as 'guardian' of the Strait of Hormuz and be reimbursed at a rate of 20% on cargo shipped through the waterway.

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The U.S. says it will guard the Strait of Hormuz and charge a 20% fee on cargo passing through to cover the cost. Good approach? — Groundbeat