Trump’s Hormuz toll plan could backfire, global shipping industry warns — here’s why

The shipping industry is up in arms against President Trump's proposed tolls for passage through the Strait of Hormuz, with Hapag-Lloyd calling the idea "fundamentally wrong." The plan could disrupt global trade routes, increase costs, and set a dangerous precedent for international waters. The backlash highlights the potential global economic fallout and raises questions about the sovereignty of international shipping lanes. This move could lead to significant pushback from other nations and shipping companies, ultimately undermining international cooperation.