President Trump on Wednesday said he is considering the formation of a “joint venture” with Iran to set up tolls in the Strait of Hormuz after the Trump administration and Tehran agreed to a two-week ceasefire deal.
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The president also suggested Monday that the U.S. could impose its own tolls on vessels trying to transit through the channel. Leaders in Tehran signaled last week it would install a “toll booth” system to exert a price on ships seeking safe passage through the strait.
The bigger irony of this is that a Trump actually doing this would further turn the world away from the US. If it was just Iran imposing the toll, over time the international community would sour on Iran for not moving past the war. This would economically benefit the US more than any direct cashflow from a toll ever would, as it would stabilize devestment from America. Now nobody will ever blame Iran for the toll, solidifying the loss in American soft power forever.
I don’t think it would be between the US and Iran, but rather a Trump-Iran joint venture. You know, to further compensate for his hard work.
Iran ain’t agreeing to that. It’ll just be Trump imposing a toll immediately after ships leave the strait.