Hormuz Fees: Why Did Trump Withdraw from the Most Dangerous Maritime Plan?
U.S. President Donald Trump has withdrawn his plan to impose a 20% tariff on ships passing through the Strait of Hormuz, less than a day after announcing it. This move has raised legal and economic questions about the future of freedom of navigation in this vital corridor, through which a fifth of global oil supplies pass. The new plan relied on trade and investment agreements with Gulf countries to ensure safe passage, while debates continue over its implementation and its impact on the international navigation system—especially amid increasing tensions between the United States and Iran. The move has faced widespread criticism from officials and experts, with some warning about potential economic repercussions and the undermining of international maritime laws.
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