Trump threatens to take back control of Panama Canal over ‘ridiculous fees’

Trump threatens to take back control of Panama Canal over ‘ridiculous fees’

Trump also hinted at China’s growing influence around the canal, which connects the Atlantic to the Pacific oceans.

Published On 22 Dec 2024

United States President-elect Donald Trump has threatened to demand control of the Panama Canal after accusing Panama of charging excessive rates on US ships passing through one of the busiest waterways in the world.

“Our Navy and Commerce have been treated in a very unfair and injudicious way. The fees being charged by Panama are ridiculous,” Trump posted on his Truth Social platform on Saturday.

“This complete ‘rip-off’ of our Country will immediately stop.”

The US largely built the canal in 1914 and administrated territory surrounding the passage for decades. But Washington fully handed control of the canal to Panama in 1999 after a period of joint administration.

Trump also hinted at China’s growing influence around the canal, which connects the Atlantic to the Pacific oceans.

“It was solely for Panama to manage, not China, or anyone else,” he said. “We would and will NEVER let it fall into the wrong hands!”

U.S. President-elect Donald Trump delivers remarks at Mar-a-Lago in Palm Beach, Florida, U.S., December 16
U.S. President-elect Donald Trump delivers remarks at Mar-a-Lago in Palm Beach, Florida, U.S. [File:Brian Snyder/Reuters]

The post was an exceedingly rare example of a US leader saying he could push a sovereign country to hand over territory.

“It was not given for the benefit of others, but merely as a token of cooperation with us and Panama. If the moral and legal principles of this magnanimous gesture of givin

Read More

Similar Posts