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."
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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I wonder who even brought up the Canal and why? You know there’s no way in hell he thought of that on his own.
My bet Is on him hearing the song.
I got u fam... He just sat down with Jeff bezos a few days ago.
Bezos and Musk at the same time.
Eiffel tower style
"Donors" would be my guess
Maybe Troomp checks the economic news for his government picks and saw it:
Trump’s comments follow record revenues of $5 billion announced by the Panama Canal Authority
5% of global maritime trade? Military priority? Cuts weeks off travel between pacific and Atlantic? A monopoly? At the same time, dominating the country’s resources and infrastructure? $5B seems low
$5 billion, woah, that sure is a lot of dosh!
By stealing all the revenue of the Panama Canal for the US, Trump could fund the US military for... a whopping two days.What makes you think he'd do anything for the US? He'll do it for himself. This entire term will be him and his buddies slashing and looting everything they can.