Trump’s new tolling scheme in Strait of Hormuz could generate nearly $200B annually
Politics Trump’s new tolling scheme in Strait of Hormuz could generate nearly $200B annually By Steven Nelson Published July 13, 2026, 5:22 p.m. Add The New York Post on Google WASHINGTON — President Trump’s proposed 20% toll on commercial shipping through the Strait of Hormuz could generate nearly $200 billion annually in revenue — a windfall large enough to cover about half of the federal civilian payroll. Trump announced the concept on Monday — after months of rejecting Iran’s plan for post-war tolls — in what could amount to a negotiating tactic.
- ▪Politics Trump’s new tolling scheme in Strait of Hormuz could generate nearly $200B annually By Steven Nelson Published July 13, 2026, 5:22 p.m.
- ▪Add The New York Post on Google WASHINGTON — President Trump’s proposed 20% toll on commercial shipping through the Strait of Hormuz could generate nearly $200 billion annually in revenue — a windfall large enough to cover about half of the
- ▪Trump announced the concept on Monday — after months of rejecting Iran’s plan for post-war tolls — in what could amount to a negotiating tactic.
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Politics Trump’s new tolling scheme in Strait of Hormuz could generate nearly $200B annually By Steven Nelson Published July 13, 2026, 5:22 p.m. ET (function() { var overlay = document.getElementById("nyp-player-lcp-overlay"); if (!overlay) { return; } function hideOverlay() { overlay.remove(); } function afterDCL() { requestAnimationFrame(hideOverlay); } if (document.readyState === "loading") { document.addEventListener("DOMContentLoaded", afterDCL, { once: true }); } else { afterDCL(); } })(); See more of our coverage in your search results.
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