President-elect Donald Trump has voiced strong concerns about the Panama Canal’s management and fee structures. He issued a stern warning to Panamanian leaders, calling for immediate reforms to protect U.S. interests.
The Canal’s Strategic Value to the United States
Trump emphasized the Panama Canal’s critical importance to U.S. trade and national security. He noted that 70% of its traffic supports American shipping, underscoring its vital role in the economy. The canal also provides a fast and efficient route for naval deployment between the Atlantic and Pacific Oceans.
“A secure Panama Canal allows faster shipping and ensures the U.S. Navy remains ready for rapid deployment,” Trump stated.
He also highlighted the canal’s economic significance, explaining how it drastically reduces shipping times to U.S. ports. This efficiency strengthens the country’s global competitiveness and supports commerce across multiple industries.
Historical Decisions and Fee Concerns
Trump reminded the public of the immense investment the United States made to construct the canal over 110 years ago. He pointed out that the project came at a significant cost in both lives and resources.
Reflecting on the canal’s transfer to Panama in 1977, Trump criticized former President Jimmy Carter’s decision to relinquish control. He argued that the agreement was poorly handled and only intended for Panama’s management, not foreign influence.
Additionally, Trump condemned the fees Panama charges U.S. military and corporations, labeling them exorbitant and unacceptable. “These unfair fees represent a complete rip-off and must stop immediately,” he declared.
A Strong Warning to Panama
In his statements, Trump called on Panamanian officials to honor the original terms of the canal’s transfer. He stressed the need to adhere to moral and legal principles governing the agreement. Failing this, Trump warned, the United States would demand the canal’s full return.
“We will never allow this vital asset to fall into the wrong hands,” Trump stated emphatically. He further insisted that protecting the canal is essential to America’s economy and national security.
These remarks have reignited debates about the Panama Canal’s ownership and its role in global trade. Trump’s stance highlights ongoing tensions over the canal’s management and its enduring importance to U.S. strategic interests.