Trump’s Hormuz toll plan could backfire, global shipping industry warns — here’s why

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Source: CNBC
Published: 2026-07-14 20:02 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Transport, World News, US Politics
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Snippet:
President Donald Trump's proposed 20% levy on ships passing through the Strait of Hormuz could backfire and further reduce dwindling traffic on the vital waterway, shipping executives have warned.
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