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

submitted 22 hours ago by Viking_Hippie@lemmy.dbzer0.com to c/nottheonion@lemmy.world

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cross-posted from: https://lemmy.world/post/23416568

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.

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[–] Nougat@fedia.io 29 points 21 hours ago

Probably not, since the US essentially stole it.

US wanted to build a canal. The place they wanted to build it was part of Colombia. US backs a secession of the Central American portion of Columbia, creating the nation of Panama. Panama grants the US a 99-year lease on the Canal Zone. US builds canal.