US President Trump drops 20% Strait of Hormuz fee plan US President Donald Trump says he has abandoned his proposed 20% fee on cargo transiting the Strait of Hormuz.Share this: Trump: US will ‘take over’ Strait of HormuzDateJuly 13, 2026In relation toAl-JazeeraTrump says US to blockade ships crossing Strait of HormuzDateApril 12, 2026In relation toAl-JazeeraTrump says US to begin escorting ships in Strait of HormuzDateMay 3, 2026In relation toAl-Jazeera