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Trump drops Strait of Hormuz cargo fee plan in favour of Gulf investment

A proposed levy on cargo transiting one of the world's most trafficked energy passages has been shelved before it could affect shipping costs. President Donald Trump said the United States would abandon its plan to impose a fee…

By Adaeze Nwosu·July 14, 2026·二〇二六年七月十四日·2 min read

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Trump drops Strait of Hormuz cargo fee plan in favour of Gulf investment

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