Trump touts BlackRock's Panama Canal ports deal, says U.S. is 'reclaiming' waterway
BlackRockBlackRock(US:BLK) CNBC·2025-03-05 05:53

Group 1 - The U.S. asset management firm BlackRock has announced a deal to acquire two ports around the Panama Canal, which is seen as a positive development in the U.S. efforts to reclaim control over the canal [1][2] - President Trump highlighted that his administration has already begun working towards regaining control of the Panama Canal, emphasizing the significance of the BlackRock deal in this context [2] - The acquisition is part of a broader narrative regarding U.S. concerns over Chinese influence in Central and South America, particularly referencing a previous contract held by Hong Kong's CK Hutchison [3]

Trump touts BlackRock's Panama Canal ports deal, says U.S. is 'reclaiming' waterway - Reportify