In a post on Truth Social, Trump also warned that he would not let the canal fall into the ‘wrong hands,’ and seemed to warn of potential Chinese influence on the passage, writing that the canal should not be managed by China
U.S. President-elect Donald Trump speaks during an election night event at the West Palm Beach Convention Center in Florida, on Nov. 6.threatened to reassert U.S. control over the Panama Canal, accusing Panama of charging excessive rates to use the Central American passage, which allows ships to cross between the Pacific and Atlantic oceans.
China does not control or administer the canal. However, a subsidiary of Hong Kong-based CK Hutchinson Holdings manages two ports located on the Caribbean and Pacific entrances to the canal, respectively. “The fees being charged by Panama are ridiculous, especially knowing the extraordinary generosity that has been bestowed to Panama by the U.S.,” Trump wrote in his Truth Social post.
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