Trump proposes 20% payment on all cargo for Hormuz Strait passage

Fox News correspondent Alexandria Hoff reports on President Donald Trump announcing the U.S. will charge a 20% protection fee for all cargo shipped through the Strait of Hormuz on 'Special Report.'

President Donald Trump proposes a 20% payment on all cargo for safe passage through the Strait of Hormuz. The U.S. declares itself 'THE GUARDIAN OF THE HORMUZ STRAIT,' aiming to ensure security amidst rising oil prices. Iran's foreign minister, Seyed Abbas Araghchi, disputes the fee while asserting Iran's historical role as guardian.