Trump demands Panama lower Canal fees or return it to US
Trump demands Panama lower Canal fees or return it to US
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.
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In other words: he was playing golf with some shipping magnate who complained about the high fees.
Nah, he's just trying to give Russia and China justifications to take back Taiwan and Alaska
Or there was a segment on Fox News.
Or Elon was trying to sound smart
There's a theory around that Elon even wrote the post.
https://bsky.app/profile/philco.bsky.social/post/3ldu7wfsr6k2g