Economic Rules Hub
  • World
  • Politics
  • Business
  • Investing
Home Politics Sec Hegseth to visit Panama after Trump’s demands for canal’s return
Politics

Sec Hegseth to visit Panama after Trump’s demands for canal’s return

by admin April 5, 2025
April 5, 2025

Defense Secretary Pete Hegseth is slated to meet with Panama leaders next week amid President Donald Trump’s continued efforts to regain control of the key strategic and military resource. 

The Trump administration has been outspoken about national security threats presented by alleged Chinese interference.

During a February visit to the country, Secretary of State Marco Rubio wrote in an X post that ‘the United States cannot, and will not, allow the Chinese Communist Party to continue with its effective and growing control over the Panama Canal area.’ 

Chief Pentagon spokesman Sean Parnell confirmed on Friday the secretary of defense will attend the 2025 Central American Security Conference, participating in discussions that will ‘drive ongoing efforts to strengthen the U.S.’s partnerships with Panama and other Central American nations,’ according to a report from the Associated Press.

The president, who has criticized the six-figure premiums imposed on U.S. ships traveling along the vital waterway, previously suggested repurchasing the canal.

It was built by the U.S. over the span of multiple decades, but was eventually handed over to Panama during the Carter administration.

The ‘Panama Canal Repurchase Act,’ a bill that was recently introduced in Congress, would give Trump the authority to negotiate with appropriate Panamanian government officials to reacquire the Panama Canal.

Panama President José Raúl Mulino previously said China does not have influence over the canal and accused Trump of ‘lying’ about potentially acquiring it, according to the AP.

BlackRock, Inc. later announced a $23 billion deal with Hong Kong-based CK Hutchinson to take ownership of the Panamanian ports of Cristobal and Balboa, along with 43 ports in 23 other countries, Fox News Digital previously reported.

The canal could be used as leverage for China in U.S. tariff negotiations.

Hegseth will also visit Eglin Air Force Base in Florida to meet with military members and leadership at the 7th Special Forces Group, according to the AP.

Fox News’ Morgan Phillips contributed to this report.

This post appeared first on FOX NEWS

0
FacebookTwitterPinterestEmail
previous post
South Korea presidential ouster part of Chinese strategy to ‘expand its regional influence,’ expert says
next post
Dem senator looks to hijack key Trump budget process with tariff challenge

Related Posts

Trump says he will meet with Putin, Zelenskyy ‘if necessary’...

May 29, 2025

Musk officially steps down from DOGE after wrapping work streamlining...

May 29, 2025

Israeli ambassador slams UN’s ‘mafia-like’ tactics against US-backed Gaza foundation

May 29, 2025

Senators condemn fatal shooting of Israeli embassy employees as families...

May 29, 2025

SEN. JEANNE SHAHEEN: If Trump wants a Ukraine deal, he...

May 29, 2025

State Department says it will ‘aggressively’ revoke visas for Chinese...

May 29, 2025

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent

    • Hundreds of starving Palestinians storm Gaza food warehouse in deadly incident, says UN agency

      May 29, 2025
    • ‘We are living in a war’: Mexicans brace for violence ahead of judicial elections

      May 29, 2025
    • He left Venezuela for the US, dreaming of a career in cosmetics. He was deported to a Salvadoran prison

      May 29, 2025
    • Mexico will hold historic judicial elections on Sunday. Some believe it will hurt democracy

      May 29, 2025
    • Japan cracks down on ‘sparkly’ names for babies like Pikachu or Nike

      May 29, 2025

    Categories

    • Business (1,376)
    • Investing (3,334)
    • Politics (4,472)
    • World (4,382)
    • Email Whitelisting
    • Terms and Conditions
    • Privacy Policy
    • Contacts
    • About us

    Disclaimer: EconomicRulesHub.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 EconomicRulesHub.com | All Rights Reserved

    Economic Rules Hub
    • World
    • Politics
    • Business
    • Investing