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Reclaiming the Panama Canal for the United States
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Trump touts BlackRock's Panama Canal ports deal, says U.S. is 'reclaiming' waterway
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]