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.
Maybe Troomp checks the economic news for his government picks and saw it:
$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.
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