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You are here: Home / Foreign Affairs / Trump Says U.S. Is Charging Tolls in Strait of Hormuz

Trump Says U.S. Is Charging Tolls in Strait of Hormuz

July 13, 2026 at 10:48 am EDT By Taegan Goddard Leave a Comment

“President Trump said on social media that Iranian ships will no longer be able to travel through the Strait of Hormuz and America would charge a 20% toll on eligible cargo,” the Associated Press reports.

Said Trump: “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.”

Bloomberg: Trump says U.S. will be reimbursed 20% rate for Hormuz traffic.

CBS News: Trump says U.S. will get paid “a lot of money” to guard Strait of Hormuz.

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Taegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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