Trump Threat to Take Back Panama Canal
• Trump threatened to take back the Panama Canal in December 2024, citing high transit fees and drought-related issues.
• The Panama Canal Authority reduced ship crossing slots by 36% in 2023, increasing transit fees.
• Chinese presence in the canal raises concerns over Chinese influence on U.S. Navy operations.
• The Panama Canal was handed over to Panama in 1999 under the Torrijos-Carter Treaties.
• The canal is neutral and open to all nations.
• President José Raúl Mulino defended transit rates and denied external influence.
• Panama seeks international support to reaffirm its sovereignty.