Trump pivots from 20 percent Strait of Hormuz fee amid Iran war escalation Donald Trump backs away from fee, says regional countries will instead invest in US in return for transit protection.Share this: US President Trump drops 20% Strait of Hormuz fee planDateJuly 14, 2026In relation toAl-JazeeraUS judge strikes down Trump’s $100,000 H1-B visa feeDateJune 8, 2026In relation toAl-Jazeera‘Piracy’: Will Trump’s 20 percent Hormuz toll find takers?DateJuly 14, 2026In relation toAl-Jazeera