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Trump proposes "Iranian Blockade," 20% Hormuz transit security fee.
U.S. President Donald Trump says he wants to restore an "Iranian Blockade" that would restrict Iranian vessels and their customers while allowing other countries to continue using the Strait of Hormuz.
* Trump says only Iranian ships and their customers would be barred from the strait.
* He proposes the U.S. act as the "Guardian of the Strait of Hormuz."
* Trump also proposes a 20% security fee on all cargo transiting the waterway to fund maritime security.
* The announcement is a personal statement and would still require formal administrative and legal procedures before any measures could take effect
#MorganStanleyAdds1000BTC #TrumpCallsForClarityActPassage $BTC