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Decoded: Why Trump wants Panama Canal back and what it means for the world

Business Standard LogoBusiness Standard15h ago

Decoded: Why Trump wants Panama Canal back and what it means for the world - Business Standard

Quick Summary:

Recently, the canal has made headlines again following remarks by former President Donald Trump, who called for the waterway’s return to the US unless Panama adjusts its management.

Mulino dismissed the notion that Panama’s fees were inflated and emphasised the country’s sovereignty over the canal.“Every square metre of the Panama Canal and its adjacent zones is part of Panama, and it will continue to be,” he said in a video statement.

In a recent post on his Truth Social platform, Donald Trump expressed outrage over what he perceived as “exorbitant” fees charged by Panama for the use of the canal.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-26 @ 09:56:43 (15 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 1153 words

Reading Time: 7 minutes read

Sentences: 51 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 24667797

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 244 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

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Publisher ID: #49

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