Trump withdraws planned 20% levy on Hormuz ships, calls for trade deals with Gulf countries instead
U.S. President Donald Trump. File | Photo Credit: Reuters U.S. President Donald Trump said on Tuesday (July 14, 2026) that trade and investment deals with the Gulf states will replace the 20% fee for ships to pass through the Strait of Hormuz that he had proposed a day earlier. West Asia war LIVE: July 14,…