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ENERGY: Panama President Pushes Back on Trump Canal Comments

ENERGY
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Panama’s president rebuffed Donald Trump’s threat to reimpose US control over the Panama Canal on Sunday.

  • “Every square meter of the Panama Canal and its adjacent zones is part of Panama, and it will continue to be,” President José Raúl Mulino said via X on Sunday.
  • Donald Trump threatened to retake control of the Panama Canal - accusing Panama of charging excessive rates to use the crucial trade passage and warning of potential Chinese influence.
  • The move represents a new front in Trumps attempts to ratchet up pressure on trading partners. It’s unclear what circumstances would allow Trump to invoke control over the canal.
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Panama’s president rebuffed Donald Trump’s threat to reimpose US control over the Panama Canal on Sunday.

  • “Every square meter of the Panama Canal and its adjacent zones is part of Panama, and it will continue to be,” President José Raúl Mulino said via X on Sunday.
  • Donald Trump threatened to retake control of the Panama Canal - accusing Panama of charging excessive rates to use the crucial trade passage and warning of potential Chinese influence.
  • The move represents a new front in Trumps attempts to ratchet up pressure on trading partners. It’s unclear what circumstances would allow Trump to invoke control over the canal.