President Donald Trump announced in a closed-door briefing that he has withdrawn from the proposed 20% toll on cargo transiting the Strait of Hormuz, according to a report. He reportedly said stability is the priority, adding new detail to his earlier decision to drop the fee after Gulf leaders pledged investment in the US economy.
President Donald Trump reportedly told associates in a closed-door meeting this evening that he has decided to withdraw from the proposed 20% toll on cargo vessels transiting the Strait of Hormuz, emphasizing that 'stability is the name of the game.' The comment adds a new dimension to his earlier statements, as The Zioneer reported at 19:23 that Trump said he dropped the toll after Gulf leaders pledged investment in the US economy.
The thread of developments began at 14:59 Jerusalem when an American media outlet reported that Trump was serious about implementing the 20% fee (version 1). By 14:59, Trump announced he was abandoning the proposal (version 2), and subsequent reports added details: first that he replaced the fee with trade deals (version 4), then that 'very useful' talks with Mideast leaders led to Gulf investment deals (version 3), followed by explanations that partners offered billions in US investments (version 5), that kings and emirs offered billions (version 6), and finally confirmation that the toll was waived after Gulf investment pledges (version 7). The evolution shows the rationale shifting from a simple reversal to a transactional deal, now with an added emphasis on stability.
The broader context, as The Zioneer has reported, includes the naval blockade against Iranian-linked ships remaining in effect, with the toll proposal having drawn criticism from allies. The strait has been a flashpoint in the US-Iran standoff, with earlier reports of Iran's claims to unilateral transit fees (June 27) and Trump's warnings against Iranian tolls (June 20). The Washington Post analysis (June 15) argued that Trump's policy collapsed under pressure, though the administration has framed the outcome as a de-escalation achieved through negotiation.
The full context of Trump's closed-door remarks remains unverified, but the report aligns with the shift toward de-escalation in the Gulf. No independent confirmation of the closed-door meeting has been provided.
8 developments
- StrongTrump clarifies Strait of Hormuz blockade applies only to Iranian-linked ships
- StrongTrump warns he may impose Strait of Hormuz tolls if no Iran deal in 60 days
- StrongTrump says tankers are sailing out of Strait of Hormuz, contradicting Iranian reports
- DevelopingBarak Betesh (i24NEWS) scrutinizes Trump’s claim on toll-free Hormuz, noting Iran switched to insurance fee instead
Source and signal
- Internal intake