Trump says he decided to replace 20 pct 'reimbursement' fee with investment deals with Gulf states

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Source: South Korea
Published: 2026-07-15 01:36 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Trade & Sanctions, US Politics, Business & Economy
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Snippet:
WASHINGTON, July 14 (Yonhap) -- U.S. President Donald Trump said Tuesday that he has decided to replace a proposed 20 percent "reimbursement" fee on cargo shipped through the Strait of Hormuz with trade and investment deals with Middle Eastern countries.
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