this post was submitted on 22 Dec 2024
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Summary

Donald Trump criticized Panama Canal fees as “ridiculous” and demanded lower costs or the canal’s return to the US.

In a Truth Social post, Trump also expressed concern about potential Chinese influence over the waterway, despite no direct Chinese control of canal operations.

The canal, transferred to Panama in 1999, is vital for global trade, handling 5% of maritime traffic.

Trump’s comments follow record revenues of $5 billion announced by the Panama Canal Authority. Panama has not yet responded to his statements.

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[–] ramble81@lemm.ee 51 points 12 hours ago (3 children)

I wonder who even brought up the Canal and why? You know there’s no way in hell he thought of that on his own.

[–] INHALE_VEGETABLES@aussie.zone 13 points 8 hours ago (1 children)

I got u fam... He just sat down with Jeff bezos a few days ago.

[–] MutilationWave@lemmy.world 2 points 3 hours ago

Bezos and Musk at the same time.

[–] namingthingsiseasy@programming.dev 25 points 11 hours ago

"Donors" would be my guess

[–] x00z@lemmy.world 7 points 11 hours ago (2 children)

Maybe Troomp checks the economic news for his government picks and saw it:

Trump’s comments follow record revenues of $5 billion announced by the Panama Canal Authority

[–] AA5B@lemmy.world 1 points 3 hours ago

5% of global maritime trade? Military priority? Cuts weeks off travel between pacific and Atlantic? A monopoly? At the same time, dominating the country’s resources and infrastructure? $5B seems low

[–] JohnEdwa@sopuli.xyz 4 points 9 hours ago (1 children)

$5 billion, woah, that sure is a lot of dosh!
By stealing all the revenue of the Panama Canal for the US, Trump could fund the US military for... a whopping two days.

[–] OutlierBlue@lemmy.ca 3 points 8 hours ago

What makes you think he'd do anything for the US? He'll do it for himself. This entire term will be him and his buddies slashing and looting everything they can.