Wednesday, December 25, 2024

Trump Wants The Panama Canal Due to Outrageous Prices Charged for Passage

Trump threatens to try to regain control of Panama Canal

Snippet of Article: "... President-elect Donald Trump has demanded Panama reduce fees on the Panama Canal or return it to US control, accusing the central American country of charging "exorbitant prices" to American shipping and naval vessels. "The fees being charged by Panama are ridiculous, highly unfair ... The neutrality treaty guarantees fair access for all nations and non-discriminatory tolls. ...Some 75% of the cargo passing through the waterway in the latest fiscal year was either destined for or originated from the US..."

Source: www.bbc.com

Panama Canal, U.S. Built Panama Canal,