President-elect Donald Trump’s comment earlier this week about the United States potentially regaining control of the Panama Canal has brought renewed attention to communist China’s expanding influence in the Latin American country.
The Panama Canal, which opened in 1914 after 10 years of construction by the United States, was returned to Panama under a 1977 deal signed by President Jimmy Carter. In 1999, Panama took full control of the canal, which is now one of the busiest shipping lanes in the world, connecting the Pacific Ocean and the Caribbean Sea.
Trump took to his Truth Social account on Dec. 21 to criticize Panama for charging “exorbitant prices and rates of passages” for U.S. naval and commercial vessels passing through the canal, while also expressing concerns about the Chinese regime’s growing influence in the waterway.
“It was solely for Panama to manage, not China, or anyone else,” Trump wrote.
If Panama cannot guarantee “the secure, efficient, and reliable operation” of the waterway, the United States “will demand that the Panama Canal be returned to us, in full, and without question,” he added. […]
— Read More: www.theepochtimes.com
- Gold SKYROCKETED during Trump’s first term and is poised to do it again. Find out how Genesis Precious Metals can help you secure your retirement with a proper self-directed IRA backed by physical precious metals.
