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

submitted 23 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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[–] xylogx@lemmy.world 14 points 4 hours ago (1 children)

The reason it has gotten so expensive is that the lake they use to flood the locks is dangerously low. Thing is that lake is also their main source of drinking water. So there is limited capacity unless you deprive the Panamanian people of drinking water. It is a complex issue, and bluster and threats will not make it any better.

[–] Viking_Hippie@lemmy.dbzer0.com 9 points 4 hours ago

I bet at least part of the reason for the lake running low is climate change too, making Trump and his cronies partly responsible for the very expenses he's having a hissy fit over..