Trump Says US Will Charge 20% Fee on Oil Ships Through Key Waterway

Trump said Monday the US will charge a 20% fee on all ships carrying cargo through the Hormuz Strait, a waterway between the Persian Gulf and the Indian Ocean that handles 20 million barrels of oil daily. He didn't explain how this would work, who would collect the money, or whether he legally can do it. The claim also contradicts his earlier promise in June not to charge tolls during a 60-day pause with Iran.