Trump demands Panama lower Canal fees or return it to US – DW – 12/22/2024
www.dw.com
In a post on social media, the incoming US President Donald Trump described fees charged to use the key shipping lane as a "complete 'rip-off.'" He also warned of it falling into the "wrong hands."

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.

  • shoulderoforion@fedia.io
    39·
    1 day ago

    Everybody laughing at this guy, but actual real people, and families, that are alive today, won’t be this time next year, because of the insane shit Trump and his cadre of incompetents will foist on the world with their purposefully unworkable foreign policies. You don’t do this, or nominate any of Trumps barrel bottoms in the first place, if you want a functioning ChristoFascist government, you do this because you want to get away with something else while everyone is distracted.