Trump announced a 20% "compensation fee" on goods passing through the Strait of Hormuz, restoring the blockade on Iran.

President Trump announced on Monday that the United States will further escalate its military and security intervention in the Strait of Hormuz, stating that the US will impose a 20% "compensation fee" on all goods transported through the strait to offset the military costs incurred in safeguarding the waterway. Trump posted on social media that the US will now be the "guardian of the Strait of Hormuz" and, based on "principles of fairness," will charge a 20% fee on all goods transported through the strait to cover the full cost of maintaining the security of this globally important waterway. At the same time, Trump also announced the resumption of the "blockade on Iran," stating that this measure will prevent Iranian vessels and related clients from entering or exiting the Strait of Hormuz, while ensuring that other countries can use this international waterway "fairly and freely." Trump emphasized, "The Strait of Hormuz will remain open, regardless of whether Iran agrees." He stated that these measures will be implemented immediately. After this announcement, market pricing showed that the expectation that the Federal Reserve will raise interest rates at least once by September has nearly been fully priced in, with two rate hikes expected by the end of March next year. In an interview, Trump further stated that the US will not only continue to be responsible for the security of the Strait of Hormuz, but will also receive compensation for it. Trump said that for decades, the US has been ensuring the safety of navigation in the Strait of Hormuz without charge, and this situation will end. "We can no longer bear these responsibilities for free. We will continue to safeguard this strait, but this time we will be compensated, and it will be a lot of money." He also stated that the US will actually take control of the Strait of Hormuz and claimed that Iran "is powerless." Trump's latest statement comes as the US military continues to launch military strikes against Iranian targets. Previously, Trump declared that the US-Iran ceasefire agreement "has ended," leading to a renewed escalation of conflict between the two sides and driving international oil prices higher. Meanwhile, due to the escalating military conflict, ship traffic in the Strait of Hormuz has dropped to its lowest level in nearly five weeks, fueling concerns about global energy supply and international maritime security. In addition, Trump expressed dissatisfaction with the Iranian negotiation representatives. He revealed that the two sides had engaged in negotiations for 11 hours and had reached agreement on certain aspects of the deal. However, Iran later requested modifications, leading to negotiations being stalled once again. Trump criticized the Iranian negotiators as "professional negotiators" and stated that for decades, Iran has been engaging in delaying tactics with successive US governments, but the US will not accept this approach anymore.