Panama Canal Now? BlackRock Buys Key Ports From Hong Kong Firm In Mega Deal | CLRCUT

US President Donald Trump praised BlackRock’s $23 billion deal to acquire key Panama Canal ports, calling it a step towards "reclaiming" control of the strategic waterway for the United States. The deal, involving a consortium led by BlackRock and Hong Kong’s CK Hutchison, grants US corporate ownership of two major ports at the canal. Trump has long expressed concerns over foreign influence, particularly China, in the region. The move comes as part of his broader strategy to counter China’s presence in Central America and revive American shipbuilding. BlackRock’s acquisition spans 43 ports globally, enhancing its position in international infrastructure.