Former President Donald Trump ignited controversy with his remarks about reclaiming ownership of the Panama Canal.
According to the New York Post, President-elect Trump threatened to demand full control of the Panama Canal if the country continues charging what he describes as "exorbitant" fees to the United States.
The former president expressed his concerns through multiple Truth Social posts, emphasizing the canal's significance to American commerce and national security. He highlighted that U.S. shipping accounts for 70% of the waterway's traffic and criticized the current fee structure imposed on the American military and corporations.
Trump referenced the canal's 110-year history and the substantial American investment in its construction.
He specifically criticized former President Jimmy Carter's decision to transfer control of the canal to Panama for a symbolic payment of one dollar. The agreement, according to Trump, was meant solely for Panama's management, not for any other nation's involvement.
In his Truth Social posts, Trump claimed the current situation represents a significant financial burden on the United States. He emphasized the canal's crucial role in facilitating rapid naval deployment between the Atlantic and Pacific oceans.
The president-elect's stance sparked immediate reactions from Panamanian officials, leading to additional social media exchanges. Trump's response included posting an image of the canal featuring an American flag, accompanied by the caption "Welcome to the United States Canal!"
Trump outlined the canal's vital importance to American interests, stressing its role in both economic and military operations. He described the waterway as a "vital national asset" due to its strategic location and impact on shipping routes.
Trump took his message further by issuing a direct warning to Panama's leadership. His ultimatum emphasized that continued management of the canal must align with what he termed "moral and legal principles."
Panama's officials quickly responded to Trump's statements, asserting their sovereignty over the canal. However, Trump maintained his position, suggesting potential future actions regarding canal ownership and management.
The confrontation over the Panama Canal ownership reflects broader tensions in international maritime commerce and strategic interests.
Trump's demands for control of the waterway, constructed over a century ago at significant American cost, represent a dramatic shift in diplomatic relations between the United States and Panama.
The dispute centers on canal usage fees and management rights, with Trump threatening to reclaim full ownership if his concerns aren't addressed. While Panama maintains its sovereign rights over the canal, Trump's statements signal potential changes in U.S.-Panama relations should he return to office in 2025.
