Trump says countries called and protested his 20% Strait of Hormuz fee, reverses course

President Trump reversed his plan to impose a 20% fee on all cargo traversing the Strait of Hormuz after receiving protests from multiple countries. He discussed this decision during a White House meeting with Iraqi Prime Minister Ali al-Zaidi amid tensions with Iran. Although the U.S. declared the waterway open last month, Iran has exercised control over the Strait of Hormuz for months, raising concerns that the proposed fee would have resulted in a disaster.