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Trump retracts proposal to impose transit fees in the Strait of Hormuz
President Donald Trump 결정했습니다 to back away from his plan to impose a 20% tariff on shipments passing through the Strait of Hormuz and instead substitute it with trade and investment agreements with Gulf countries. This announcement came after an escalation in military tensions in the region and Iran’s threats to navigation, which led to the collapse of a temporary agreement to de-escalate and avoid a full-scale war in the strait, a region that accounts for about one-fifth of global oil trade.
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