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Trump threatens to charge US tolls in Strait of Hormuz if final Iran deal not reached in 60 days

US President Donald Trump on Saturday threatened to impose US transit fees on the Strait of Hormuz if a final agreement with Iran is not reached within 60 days.

Trump, who spent the weekend at Camp David, underlined that the first agreement to end the war with Iran should include free travel through the vital waterway for 60 days.

He later said: “In the event of failure to complete the agreement, there will be NO FEES after the expiration of the 60-day period, unless imposed by and on behalf of the United States.”

Trump said the money would be for “services rendered as Guardian Angels to Middle Eastern countries for the purpose of reimbursement for both past, present and future costs.”

Also read | From bombs to billions: The strange economics of the US-Iran peace deal


The US President faced a lot of backlash domestically over how the memorandum of understanding signed with Iran addressed the issue of tolls in the Strait of Hormuz. The deal only guarantees free migration for 60 days and does not bar future charges. Toropin in Washington, Josef Federman in Jerusalem and Jamey Keaten in Zurich, Switzerland, contributed to this report.

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