‘Piracy’: Will Trump’s 20 percent Hormuz toll find takers?

Amid renewed escalation between the United States and Iran, President Donald Trump says the US will restart its naval blockade of Iran and “become the guardian” of the Strait of Hormuz.

Trump added that the US will charge a 20 percent toll on ships transiting through the strait.

Here is a closer look at what Trump said and what this could mean for ships passing through the Strait of Hormuz...