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Trump demands Panama lower Canal fees or return it to US (www.dw.com)

submitted 4 days ago by MicroWave@lemmy.world to c/world@lemmy.world

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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.

(page 3) 24 comments

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[-] passiveaggressivesonar@lemmy.world 2 points 4 days ago

A canal adventure is exactly what the trump presidency needs

[-] HubertManne@moist.catsweat.com 2 points 4 days ago

Its funny because I was against giving it up since we built it but I sure as heck am against taking it back. That is not how stability works. It would be equivalent to crimea and far to close to the fucked up thing we have with israel in the world.

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[-] Xenny@lemmy.world 1 points 4 days ago

Hey now let's not fuck with global trade routes like that now. We are already making other countries uneasy this would make them furious.

[-] aeronmelon@lemmy.world 1 points 4 days ago

“Or we’ll buy our bananas from a competing tropic!”

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this post was submitted on 22 Dec 2024

316 points (95.1% liked)

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