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Trump says he’s considering ‘joint venture’ with Iran for Strait of Hormuz tolls

Trump said the U.S. and Iran could jointly tax ships in the Strait of Hormuz as ceasefire talks continue over reopening the vital waterway.

  • On Wednesday, White House Press Secretary Karoline Leavitt stated President Donald Trump requires the Strait of Hormuz to remain open without tolls, dismissing potential fees as unacceptable.
  • Tehran previously proposed charging transit fees, but Leavitt clarified the agreement is conditional on the "COMPLETE, IMMEDIATE, and SAFE OPENING" of the waterway.
  • Vice President JD Vance will lead a delegation to Islamabad on Friday for peace talks, with the White House confirming Iran presented a new plan aligning with U.S. proposals.
  • Greek Prime Minister Kyriakos Mitsotakis warned on Wednesday that allowing toll booths would set a "very, very dangerous precedent" for global freedom of navigation.
  • President Trump met with NATO Secretary-General Mark Rutte on Wednesday amid criticism that alliance members failed to sufficiently support the U.S.-led war effort in Iran.
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First, Trump said that Iran and the US could impose joint tariffs in the strait. Then he turned around and issued a warning. Iran responded with a threat that “time is running out.”

·Stockholm, Sweden
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Center

Donald Trump launched the idea of a joint venture to introduce tax into the Ormuz Stream, but the European Commission strongly rejected any attempt by Iran or the United States to tax ships crossing this route, stating that...

·Romania
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Center

The U.S. president told ABC News that a toll system at the Strait of Ormuz would be "an excellent thing."

·France
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IBTimes broke the news in United States on Wednesday, April 8, 2026.
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