Trump renews Iran blockade, proposes 20% Hormuz shipping fee
President Donald Trump has announced the US will reinstate a blockade of Iran in the Strait of Hormuz and charge a 20% fee on cargo passing through the critical waterway. The move revives a controversial policy from earlier in the US-Iran conflict, with Trump framing it as a measure to secure shipping lanes. The proposal has drawn international attention and raised questions about its legality and enforceability under maritime law.
Trump's proposal to offer US naval protection for ships crossing the Strait of Hormuz in exchange for a 20% cargo fee has been met with skepticism from analysts and shipping experts. The plan raises practical questions about collection mechanisms, legal authority, and potential retaliation from Iran. The New York Times notes that the proposal contradicts statements from Trump's own aides about the administration's strategy in the region.