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Searched Tag: global levy
Trump drops 20% Hormuz transit fee, full bockade on Iran

Trump drops 20% Hormuz transit fee, full bockade on Iran

July 14, 2026, 11:15 PM - 3 min read

"Based on highly productive conversations with Middle East leadership, I have decided to replace the 20% United States Reimbursement Fee with Trade and Investment Deals that the various Gulf States will be making into the United States," Trump wrote on Truth Social.He claimed  the waterway is open to traffic for all countries except Iran.

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Prime Minister Narendra Modi meets US President Donald Trump at the White House during an earlier visit to Washington, US.

India tariffs reduced to 10% after US Supreme Court verdict

February 21, 2026, 04:00 PM - 3 min read

India will face a 10% US tariff from Feb 24 after Trump invoked a 1974 law, replacing the 18% levy struck down by the Supreme Court.

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