Trump Backs Down on Threat to Levy Tolls on Shipping in Strait of Hormuz

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Politics

15 July 2026 at 5:16 am

Trump Backs Down on Threat to Levy Tolls on Shipping in Strait of Hormuz

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Summary

Donald Trump has withdrawn his threat to impose tolls on shipping in the Strait of Hormuz, a move that the British Government had opposed, labeling it as 'economic extortion'.

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