President Trump is reacting after walking back a plan to impose a 20% fee on cargo ships transiting the Strait of Hormuz. Mr. Trump said his reversal comes after several allies brokered trade deals with the U.S.
Trump reverses course on Strait of Hormuz tolls, says U.S. military doesn't need to be in Iran
President Trump on Tuesday reversed course on his decision to impose a 20% toll on ships passing through the Strait of Hormuz and said the U.S. military doesn’t need to…



