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    Trump Demands Panama Canal Control as He Calls Fees “Exorbitant” in Fiery Speech

    December 22, 2024 Business No Comments3 Mins Read
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    Former President Donald Trump has made headlines once again by asserting that Panama should either lower its fees for the Panama Canal or consider returning control of the canal to the United States. His remarks, made at a recent political rally in Arizona, were aimed at his supporters and emphasized his views on what he termed “exorbitant prices” charged to American shipping and naval vessels utilizing this crucial waterway. Trump’s rhetoric represents not only a reflection of his longstanding views on trade but also raises questions regarding the potential shifts in U.S. foreign policy under his future administration, set to begin on January 20.

    During a speech in front of thousands gathered at the annual Turning Point USA conference—a significant event for conservative activists—Trump articulated his discontent with Panama’s pricing. He boldly claimed that the fees imposed were “ridiculous” and “unfair.” The former president assured his followers that if he assumed office, he would ensure the cessation of what he viewed as a “complete rip-off” of American resources. This statement was not taken lightly, as it prompted a swift response from the current president of Panama, José Raúl Mulino. Mulino defended the sovereignty of Panama, asserting that the canal and its surroundings rightfully belong to the nation and are therefore non-negotiable.

    Trump’s rhetoric around the Panama Canal is notable not only for its content but also because it marks a rare occurrence of an American leader calling for the return of territory from a foreign nation. While Trump did not elaborate on what mechanisms he would utilize to reclaim control of the canal, his comments are indicative of a possible departure from traditional U.S. diplomatic practices. Historical context is essential here: the Panama Canal was initially controlled by the United States until treaties signed in the 1970s gradually returned control to Panama, with the transfer being completed in 1999.

    The canal itself is a significant global asset, facilitating the passage of up to 14,000 ships annually. Its strategic position connects the Atlantic and Pacific Oceans and plays a critical role in international trade, including the movement of goods like natural gas and military supplies. Trump’s claims are part of a broader pattern of highlighting what he considers unfair trade practices—an overarching theme in his political discourse. He has also expressed concerns about trade with neighboring countries Canada and Mexico, accusing them of enabling drug and immigration issues.

    Notably, his remarks occurred shortly after Congress reached an agreement to avert a government shutdown, allowing Trump to avoid discussing the contentious issue of the national debt ceiling during his speech. Instead, he revisited themes that had been central to his campaign focusing on immigration, crime, and international trade. Furthermore, the former president took the opportunity to address a rumor suggesting that Elon Musk had taken de facto control of the presidency, sternly denying the allegation.

    Trump’s comments and their backlash shed light on a persistent divide regarding America’s position in global affairs and the management of international relations, particularly with neighboring Latin American nations. The assertion of rights over the Panama Canal, combined with criticisms of trade agreements, could ignite further discussions on the implications of his potential policies once he resumes office.

    In conclusion, Trump’s recent statements regarding the Panama Canal reflect his uncompromising stance on trade and international agreements—issues that have the potential to influence the foreign policy landscape significantly. As the world watches how these declarations will shape diplomatic strategies post-inauguration, the implications extend beyond the canal itself, hinting at a larger conversation about America’s role on the global stage.

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