In a bold and controversial statement, U.S. President-elect Donald Trump threatened to retake control of the Panama Canal, accusing Panama of exploiting the United States with excessive fees. The Panama Canal, a crucial waterway for global trade, has been under Panama’s control since 1999, but Trump’s rhetoric has reignited tensions. Panama’s President Jose Raul Mulino responded fiercely, asserting the nation’s sovereignty and rejecting any U.S. claims over the canal. What does this mean for U.S.-Panama relations, and could it spark a major diplomatic showdown? Watch the full breakdown.
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NewsTranscript
00:00We will demand that the Panama Canal be returned to the United States of America
00:06in full, quickly, and without question.
00:10This complete rip-off of our country will immediately stop. It's going to stop.
00:30The United States has a big invested interest in the secure, efficient, and reliable operation
00:40of the Panama Canal, and that was always understood when they gave it to Panama.
00:49Can you believe that operation? But it was given to Panama and to the people of Panama,
00:55but it has provisions. You got to treat us fairly, and they haven't treated us fairly.
01:01If the principles, both moral and legal, of this magnanimous gesture of giving are not followed,
01:08then we will demand that the Panama Canal be returned to the United States of America
01:14in full, quickly, and without question. I'm not going to stand for it.
01:20So to the officials of Panama, please be guided accordingly.
03:21So
03:38don't miss out. Log on to OneIndia.com for more updates.