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-JazeeraTrump Media reportedly mulling fee for first access to social media postsDateJuly 17, 2026In relation toAl-JazeeraTrump administration seeks to formalise H-1B fee of more than $100,000DateAugust 24, 2026In relation toAl-Jazeera