“President Trump said on social media that Iranian ships will no longer be able to travel through the Strait of Hormuz and America would charge a 20% toll on eligible cargo,” the Associated Press reports.Said Trump: “We are reinstating the THE IRANIAN BLOCKADE, so named because it is only stopping Iran’s ships or customers from entering or leaving. All other countries will have fair and open use of the Strait.”Bloomberg: Trump says U.S. will be reimbursed 20% rate for Hormuz traffic.CBS News: Trump says U.S. will get paid “a lot of money” to guard Strait of Hormuz.