President Donald Trump praised BlackRock's deal to acquire two ports near the Panama Canal from a Hong Kong firm in a joint address to Congress. Trump stated in the address that his administration has begun efforts to regain control of the Panama Canal and said the deal was a positive move toward reclaiming the canal for the US. Panama took control of the canal in 1999 under a treaty signed by President Jimmy Carter in 1977. The deal aligns with the Trump administration’s push for American firms to counter China’s regional influence.
Category
🗞
NewsTranscript
00:00It's Benzinga bringing Wall Street to Main Street.
00:02President Donald Trump plays BlackRock's deal to acquire two ports near the Panama Canal from a
00:07Hong Kong firm. Trump stated in a joint address to Congress that his administration has begun
00:11efforts to regain control of the Panama Canal and said the deal was a positive move towards
00:16reclaiming the canal for the U.S. Panama took control of the canal in 1999 under a treaty
00:22signed by President Jimmy Carter in 1977. The deal allied to the Trump administration's push
00:27for American firms to counter China's influence in the region.
00:30For all things money visit Benzinga.com slash GSTV