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Trump Shelves 20% Fee for Hormuz Cargo After Gulf Pressure
Posted
July 14, 2026
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July 14, 2026
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4:15
4:59Now PlayingPresident Donald Trump backed away from his plan to impose a 20% charge on cargo shipments through the Strait of Hormuz after US allies in the Gulf urged him to drop it. Bloomberg Economic's Jennifer Welch joins to discuss.
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