Trump’s Strait of Hormuz fee would cost millions, open “a very dangerous Pandora’s Box,” experts say
If President Trump were to make good on his declaration that the U.S. will impose a 20% fee on cargo transiting the Strait of Hormuz it could cost the largest vessels over $30 million per shipment, industry experts say, while logistics companies have called the concept illegal. It is not clear how the Trump administration … Read more