President Trump has issued a stern warning to Iran, stating that the United States will take significant action against the country in the coming days. He emphasized that the Strait of Hormuz, a critical shipping route, will remain open 'with or without' Iran's cooperation.
In his remarks, Trump announced that a 20% fee would be imposed on all cargo passing through the Strait, a move aimed at ensuring the security of maritime trade in the region.
In response, Iran's foreign minister criticized the proposed rate, suggesting that Iran would offer a more competitive shipping rate, highlighting the ongoing tensions and economic stakes involved in the region.