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Trump Threatens Panama Canal Takeover Over "Excessive" Fees

OilPrice.com Monday, 23 December 2024 ()
President-elect Donald Trump has threatened to take over control of the Panama Canal unless the Panamanian authorities stop charging excessive rate for the use of the chokepoint. “Has anyone ever heard of the Panama Canal?” Trump said at a conservative event in Arizona, as quoted by Reuters. “Because we're being ripped off at the Panama Canal like we're being ripped off everywhere else.” “It was given to Panama and the people of Panama, but it has provisions,” Trump went on to say of the Panama Canal. “If…
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Video Credit: Oneindia - Published
News video: Trump Threatens to Seize Panama Canal: Country Fires Back with Defiant Response on Sovereignty

Trump Threatens to Seize Panama Canal: Country Fires Back with Defiant Response on Sovereignty 03:43

In a bold and controversial statement, U.S. President-elect Donald Trump threatened to retake control of the Panama Canal, accusing Panama of exploiting the United States with excessive fees. The Panama Canal, a crucial waterway for global trade, has been under Panama’s control since 1999, but...

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