Trump Proposes 20% Fee on Hormuz Strait Shipments; South Korea Calls for Free Passage

According to South Korea's Foreign Ministry, on Tuesday President Trump proposed a 20% fee on goods transported through the Strait of Hormuz. South Korea's Foreign Ministry spokesperson Park Il called for all vessels, including those from South Korea, to maintain safe and free passage through the waterway. Park Il declined to elaborate, citing the need for further understanding of Trump's proposal and its potential implementation.
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