Shipping industry rejects Trump's 20% Strait of Hormuz transit fee as illegal

The Trump administration is seeking to impose a 20% fee on cargo transiting the Strait of Hormuz, one of the world's most critical shipping lanes. Industry insiders say there is "no legal basis" for the measure and that it could cost tens of millions of dollars per ship per transit. Experts warn the move risks setting a dangerous precedent for international maritime law.