- cross-posted to:
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- cross-posted to:
- [email protected]
Summary
Donald Trump criticized Panama Canal fees as “ridiculous” and demanded lower costs or the canal’s return to the US.
In a Truth Social post, Trump also expressed concern about potential Chinese influence over the waterway, despite no direct Chinese control of canal operations.
The canal, transferred to Panama in 1999, is vital for global trade, handling 5% of maritime traffic.
Trump’s comments follow record revenues of $5 billion announced by the Panama Canal Authority. Panama has not yet responded to his statements.
This does seem important globally. We know from history, and this shows he’s starting again from before he matters, that US diplomacy will be threaten first. Unfortunately this what y’all have to look forward to as our way of doing business, with allies, independents, and competitors