Trump News | Trump Threatens To Retake Control Of Panama Canal Unless Deal Reached | News18 | N18G

President-elect Donald Trump threatened to reassert U.S. control over the Panama Canal, accusing Panama of charging excessive rates to use the Central American passage, which allows ships to cross between the Pacific and Atlantic oceans.

In a Saturday evening post on Truth Social, Trump also warned that he would not let the canal fall into the "wrong hands," and he seemed to warn of potential Chinese influence on the passage, writing that the canal should not be managed by China.

China does not control or administer the canal. However, a subsidiary of Hong Kong-based CK Hutchinson Holdings manages two ports located on the Caribbean and Pacific entrances to the canal, respectively.

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Source: AP

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