During a speech at Turning Point USA's AmericaFest in Arizona on Sunday, US Pres.-elect Donald Trump demanded Panama reduce "ridiculous" fees on the Panama Canal or return it to US control.
Panama's Pres. José Raúl Mulino rejected Trump's demands, stating that "every square meter of the Panama Canal and its adjacent area belong to Panama, and will continue to."
The Panama Canal's excessive fees and potential Chinese influence threaten US interests. The canal was given to Panama as a token of cooperation, and if the country fails to manage it properly, Washington must reclaim control to protect this vital strategic asset.
Panama's sovereignty over the canal is non-negotiable, and fees are set transparently based on market conditions and operational needs. The canal's management remains independent, and Panama has successfully expanded and modernized the waterway on its own initiative.