Trump Says No Strait of Hormuz Transit Fees During 60-Day Ceasefire, US Could Impose Them if Deal Fails
Summary
- President Donald Trump said no Strait of Hormuz transit fees would be charged during the 60-day ceasefire.
- Trump said no transit fees would be charged after the 60 days as long as the final agreement is implemented.
- Trump added that if the agreement is not completed, the US could impose transit fees as compensation for serving as a guardian for Middle Eastern countries.
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President Donald Trump said no transit fees would be charged for passage through the Strait of Hormuz during a 60-day ceasefire.
In a Truth Social post on June 20, Trump said there would be no transit fees during the 60-day ceasefire period. He added that no fees would be charged after the 60 days as long as a final agreement is implemented.
If the agreement is not completed, the US could impose transit fees as compensation for acting as a "guardian angel" to Middle Eastern countries, he wrote.
Trump said the charges would serve as reimbursement for costs incurred in the past, present and future.
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