Trump says he might demand Panama hand over canal

Trump says he might demand Panama hand over canal


A cargo ship leaves the Panama Canal in Panama City on June 17, 2024.

Martin Bernetti | APF | Getty Images

President-elect Donald Trump on Saturday accused Panama of charging excessive rates for use of the Panama Canal and said that if Panama did not manage the canal in an acceptable fashion, he would demand the U.S. ally hand it over.

In an evening post on Truth Social, Trump also warned he would not let the canal fall into the “wrong hands,” and he seemed to warn of potential Chinese influence on the passage, writing the canal should not be managed by China.

The post was an exceedingly rare example of a U.S. leader saying he could push a sovereign country to hand over territory. It also underlines an expected shift in U.S. diplomacy under Trump, who has not historically shied away from threatening allies and using bellicose rhetoric when dealing with counterparts.

The United States largely built the canal and administrated territory surrounding the passage for decades. But the U.S. government fully handed control of the canal to Panama in 1999 after a period of joint administration.

“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.

“It was not given for the benefit of others, but merely as a token of cooperation with us and Panama. If the principles, both moral and legal, of this magnanimous gesture of giving are not followed, then we will demand that the Panama Canal be returned to us, in full, and without question.”

The Panamanian embassy in Washington did not immediately respond to a request for comment.



Source

U.S. eyes ‘back to basics’ revamp of G20 when it assumes presidency next year: Reuters
Politics

U.S. eyes ‘back to basics’ revamp of G20 when it assumes presidency next year: Reuters

The U.S. aims to pare the G20 back to its financial roots next year when it takes over the rotating presidency from South Africa, Reuters reported. Source

Read More
Aug. 1 is ‘hard deadline’ for Trump’s tariffs, Commerce Secretary Lutnick says
Politics

Aug. 1 is ‘hard deadline’ for Trump’s tariffs, Commerce Secretary Lutnick says

Howard Lutnick, U.S. Secretary of Commerce speaks during the Pennsylvania Energy And Innovation Summit 2025 at Carnegie Mellon University in Pittsburgh on July 15, 2025. David A. Grogan | CNBC Commerce Secretary Howard Lutnick said Sunday that Aug. 1 is the deadline for countries to begin paying tariffs to the United States, but said that […]

Read More
Bangladesh signs U.S. wheat-import deal in bid to curb tariff pressure
Politics

Bangladesh signs U.S. wheat-import deal in bid to curb tariff pressure

Field of wheat in central Kansas is nearly ready for harvest. Ricardo Reitmeyer | Getty Images Bangladesh signed a deal on Sunday to import 700,000 metric tons of wheat annually from the United States over the next five years, in a move aimed at securing tariff relief from the Trump administration amid growing trade tensions, […]

Read More