“We Will Be Reimbursed” – Trump Announces US Will Take 20% Toll From Strait Of Hormuz Traffic

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Donald Trump said that the United States will be “THE GUARDIAN OF THE HORMUZ STRAIT.”

Trump said that the blockade is back in place and that the United States “will be reimbursed, at the rate of 20% on all cargo shipped, for any and all costs necessary to do the job of providing safety and security to this very volatile section of the World.”

Truth Social:

The Hormuz Strait is OPEN, and will remain OPEN, with or without Iran. We are reinstating the THE IRANIAN BLOCKADE, so named because it is only stopping Iran’s ships or customers from entering or leaving. All other countries will have fair and open use of the Strait. The U.S.A. will be, from this point forward, known as “THE GUARDIAN OF THE HORMUZ STRAIT,” but as such, and as a matter of FAIRNESS, will be reimbursed, at the rate of 20% on all cargo shipped, for any and all costs necessary to do the job of providing safety and security to this very volatile section of the World. The process and formation will begin immediately. Thank you for your attention to this matter! President DONALD J. TRUMP

Trump also said this on Fox News.

Trump said, “We can’t be expected to do that for nothing, unlike we had for many years…We guarded it for nothing, and now we’re going to guard it, we’re going to get paid for guarding it. A lot of money.”

CNBC reported:

“We’ll become the guardian of the strait — maybe we’ll call it the guardian angel of the strait,” Trump told Fox. “And we should be reimbursed for that.”

“We can’t be expected to do that for nothing, unlike we had for many years,” he added. “We guarded it for nothing, and now we’re going to guard it, we’re going to get paid for guarding it. A lot of money.”

The president expressed his interest in charging protection money in the strait as Washington and Tehran both assert de facto control over the international waterway, which saw 20% of the world’s oil trade before being choked off at the start of the war in late February.