Trump's Panama Canal Gambit: Political Waves Stirring
Donald Trump hinted at efforts to regain the Panama Canal after deeming U.S. control was 'foolishly' ceded. Panama's president, José Raúl Mulino, opposed such a stance as a violation of sovereignty. Trump's remarks came amid GOP efforts to forge political unity at a rally while facing budget tensions.
- Country:
- United States
In a controversial move, Donald Trump suggested his administration might attempt to reclaim the Panama Canal, criticizing the United States for 'foolishly' ceding control. He described current passage fees as 'ridiculous,' sparking diplomatic unease with Panama's leadership.
Panama's President José Raúl Mulino quickly rejected Trump's proposal, emphasizing national sovereignty over the crucial channel. Mulino deemed the idea an affront to Panama, insisting fees are set based on operational costs and supply and demand metrics.
Amid ongoing political tensions, Trump's comments were made during a major rally, attempting to present unified conservative support despite past week's budgetary discord in Washington. This discourse underscores the complex geopolitics and economic stakes surrounding the canal's future.
(With inputs from agencies.)
ALSO READ
Uttarakhand's Homestays: Boosting Economy and Celebrating Culture
Building Vietnam’s High-Income Economy: Opportunities in Trade, Skills, and Sustainability
It took 7 decades for India to become 11th largest economy, whereas in last 10 years, India has grown to 5th largest economy: PM Modi.
Today world needs economy that functions strongly even during crisis and its important to have large 'manufacturing base' in India: PM Modi.
ILO Workshop Champions Gender Equality in Egypt's Green Economy Transition
Google News