Should “rip-off” passage costs for US ships not be lowered, Donald Trump has threatened to regain control of the Panama Canal. The president-elect said on social media.
That the 51-mile canal was being managed in a “very unfair and injudicious way,” despite the fact that it was essential to America’s economic and security interests.
Constructed by the United States over a century ago, the canal links the Atlantic and Pacific seas and is considered one of the most significant maritime commerce routes in the world.
“The fees being charged by Panama are ridiculous, especially knowing the extraordinary generosity that has been bestowed to Panama by the US,”
Mr. Trump said, referring to the 1977 deal to transfer ownership from the US to Panama as a show of cooperation. “This total theft of our nation will end right now. It has long been recognized that.
The United States has a stake in the safe, effective, and dependable functioning of the Panama Canal. “We would never, ever allow it to end up in the wrong hands!
