Since returning to office, President Trump has made repeated claims that China operates the Panama Canal and threatened to take it back from the Panama Canal Authority, which has controlled it since 1999.
Prior to the origination of the plans for the Panama Canal vessels of trade had few options of getting goods from Europe and Asia to N. America.
Fox Nation's "Showdown at the Panama Canal" explores the history of the vital strategic waterway and the current high-stakes battle to reclaim control.
The Trump administration threatening partners in the Americas may prove to be short-term tactical approach but it will not prove to be a viable long-term strategy for engaging economically with the region.
Greenland! Canada! The Panama Canal! These and other regions of the globe offer Donald Trump’s America so many “opportunities.” And if we can’t occupy an area like the Gulf of Mexico, the least we can do is rebrand it the Gulf of America!
The United States spent almost $500 million (roughly equivalent to $15.2 billion in today’s dollars) to finish the Panama Canal project. This was by far the largest American engineering project
Panama’s president has said that he instructed the country’s foreign minister to not discuss the U.S. government’s allegations of Chinese interference in the operations of the Panama Canal with the visiting head of U.
The motto of the canal remains, “Pro Mundi Beneficio,” which in Latin means ”For the Benefit of the World.” Now, as Cristela turns 40, she sees the latest evolution. Today, Panama is in the news again, detaining and transporting asylum seekers from the United States, according to the New York Times.
Panama's attorney-general said on Wednesday (Feb 26) that concession granted to a Hong Kong-based firm to operate ports on either end of the Panama Canal should be scrapped for being "unconstitutional".