Trump demands Panama lower Canal fees or
In a post on social media, the incoming US President Donald Trump described fees charged to use the key shipping lane as a “complete ‘rip-off.'” He also warned
President-elect Donald Trump speaks during a news conference at Mar-a-Lago
Trump has been flexing his political influence in the waning days of President Joe Biden’s
US President-elect Donald Trump criticized the fees for using the Panama Canal, a crucial shipping route, on Saturday night, insisting that the costs be reduced or Panama should return the canal to the United States.
“Our Navy and Commerce have been treated in a very unfair and injudicious way. The fees being charged by Panama are ridiculous,” he said in a post on his Truth Social platform.
The United States largely built the Panama Canal and administered its territory for decades before transferring complete control to Panama in 1999.
Panama charges tariffs for boats and ships using its canal, with fees varying by size and purpose.
