President-elect Donald Trump has called for immediate changes to the Panama Canal’s fees and management. He warned that the United States might reclaim control if current conditions remain unresolved.
U.S. Interests at Stake
Trump highlighted the Panama Canal’s importance to the U.S. economy and national security. He pointed out that 70% of the canal’s traffic serves American shipping. This strategic waterway, he said, ensures faster trade routes and supports military readiness.
“The canal cuts shipping times and keeps our Navy prepared for rapid deployment,” Trump stated firmly.
Historical Context Sparks Controversy
Reflecting on the canal’s history, Trump criticized the significant cost the U.S. bore during its construction. He also blamed former President Jimmy Carter for transferring control to Panama in 1977, calling the decision reckless.
Trump expressed frustration over the high fees charged to U.S. businesses and the military, labeling them unfair and unsustainable.
A Warning for Panama
Trump urged Panama’s leaders to honor the principles behind the canal’s transfer. He warned that failure to comply could lead the United States to demand its return.
“This critical asset must stay in the right hands,” Trump declared, reaffirming its importance to America’s future.
Trump’s strong stance has reignited debates over the Panama Canal’s ownership and its strategic role in global trade.