
Key Points
- President Donald Trump has proposed to impose a 20% fee on cargo passing through the Strait of Hormuz.
- That could provide a “further disincentive” to ships transiting the Strait, executives warned.
- Here’s how commercial shipping firms are reacting to the news.
____
https://www.cnbc.com/2026/07/14/shipping-industry-trump-hormuz-toll-backfire.html