Jerry Jackson President-elect Donald Trump has threatened to reclaim ownership of the Panama Canal, citing its strategic value to the United States. He criticized the fees imposed on U.S. entities and questioned the management of the waterway, which he called essential to national and economic security.
A Critical Asset for U.S. Commerce
Trump highlighted the Panama Canal’s significance in facilitating trade and military operations. He emphasized that U.S. shipping accounts for 70% of the canal’s traffic and described it as a cornerstone of economic and defense strategy.
“A secure Panama Canal enables faster shipping to U.S. ports and rapid naval deployment between oceans,” Trump wrote.
Historical Grievances and Fee Disputes
Reflecting on the canal’s history, Trump pointed to the substantial cost the United States bore during its construction over 110 years ago. He criticized former President Jimmy Carter’s decision to transfer control to Panama in 1977, arguing it was meant solely for Panama’s administration—not foreign influence.
Trump also condemned the “exorbitant prices” charged to U.S. military and corporations, calling them a “rip-off” that must end immediately.
An Ultimatum to Panama
In a stern message, Trump warned Panamanian officials to adhere to the “moral and legal principles” of the canal’s transfer. He stated that failure to do so would result in a demand for the canal’s full return to U.S. control.
“This vital asset will never fall into the wrong hands,” he declared, signaling the importance of safeguarding the canal’s operations.
Trump’s comments have reignited debates about the Panama Canal’s management and its enduring role in U.S. economic and strategic priorities.