Panama rejects Trump’s threat to take control of Canal

This handout picture released by the Panama Canal Authority on August 30, 2024, shows the container ship MSC Marie, of 366 meters long and 51 meters wide, transiting the Panama Canal in Panama. (AFP)
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Updated 23 December 2024
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Panama rejects Trump’s threat to take control of Canal

  • Trump also complained of China’s growing influence around the canal, a worrying trend for American interests as US businesses depend on the channel to move goods between the Atlantic and Pacific oceans

PANAMA CITY: Panama’s president Jose Raul Mulino on Sunday dismissed recent threats made by US President-elect Donald Trump to retake control of the Panama Canal over complaints of “unfair” treatment of American ships.
“Every square meter of the Panama Canal and its adjacent areas belongs to Panama and will continue belonging to Panama,” Mulino said in a video posted to X.
Mulino’s public comments, though never mentioning Trump by name, come a day after the president-elect complained about the canal on his Truth Social platform.
“Our Navy and Commerce have been treated in a very unfair and injudicious way. The fees being charged by Panama are ridiculous,” he said.
Trump also complained of China’s growing influence around the canal, a worrying trend for American interests as US businesses depend on the channel to move goods between the Atlantic and Pacific oceans.
“It was solely for Panama to manage, not China, or anyone else,” Trump said. “We would and will NEVER let it fall into the wrong hands!“
The Panama Canal, which was completed by the United States in 1914, was returned to the Central American country under a 1977 deal signed by Democratic president Jimmy Carter.
Panama took full control in 1999.
Trump said that if Panama could not ensure “the secure, efficient and reliable operation” of the channel, “then we will demand that the Panama Canal be returned to us, in full, and without question.”
Mulino rejected Trump’s claims in his video message, though he also said he hopes to have “a good and respectful relationship” with the incoming administration.
“The canal has no direct or indirect control from China, nor the European Union, nor the United States or any other power,” Mulino said. “As a Panamanian, I reject any manifestation that misrepresents this reality.”
Later on Sunday, Trump responded to Mulino’s dismissal, writing on Truth Social: “We’ll see about that!“
 

 


Trump to remove Vietnam from restricted tech list: Hanoi

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Trump to remove Vietnam from restricted tech list: Hanoi

HANOI: US President Donald Trump told Vietnam’s top leader To Lam he would “instruct the relevant agencies” to remove the country from a list restricted from accessing advanced US technologies, Vietnam’s government announced Saturday.
The two leaders met in person for the first time at the White House on Friday, after Lam attended the inaugural meeting of Trump’s “Board of Peace” in Washington.
“Donald Trump said he would instruct the relevant agencies to soon remove Vietnam from the strategic export control list,” Hanoi’s Government News website said.
The two countries were locked in protracted trade negotiations when the US Supreme Court ruled many of Trump’s sweeping tariffs were illegal.
Three Vietnamese airlines announced nearly $37 billion in purchases this week, in a series of contracts signed with US aerospace companies.
Fledgling airline Sun PhuQuoc Airways placed an order for 40 of Boeing’s 787 Dreamliners, a long-haul aircraft, with an estimated total value of $22.5 billion, while national carrier Vietnam Airlines placed an $8.1 billion order for around 50 Boeing 737-8 aircraft.
When Trump announced his “Liberation Day” tariffs in April, Vietnam had the third-largest trade surplus with the US of any country after China and Mexico, and was targeted with one of the highest rates in Trump’s tariff blitz.
But in July, Hanoi secured a minimum 20 percent tariff with Washington, down from more than 40 percent, in return for opening its market to US products including cars.
Trump signed off on a global 10-percent tariff on Friday on all countries hours after the Supreme Court ruled many of his levies on imports were illegal.