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Trump announces America will impose 20% tariff on shipments passing through the Strait of Hormuz
The Iranian Foreign Minister stated that Iran has always been a protector of the Strait of Hormuz and will remain so, while the U.S. President announced that the United States will impose a 20% tariff on shipments passing through the strait. The Minister of Security also pointed out that Gulf security requires shifting from a policy of containment to regional integration.
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