President-elect Donald Trump responded to Panamanian President Jose Raúl Mulino on the debate over the Panama Canal.
As Breitbart News reported, the president-elect recently set his sights on the Panama Canal, saying that if the canal continues to “rip off” the United States, the United States will take back a vital trade route.
“The Panama Canal is considered a vital national asset to the United States because of its critical role in the American economy and nation,” Trump wrote on Truth Social. “A secure Panama Canal is critical to U.S. commerce and the rapid deployment of our Navy from the Atlantic to the Pacific, greatly reducing transit times to U.S. ports.”
“The United States is the largest user of the canal, with more than 70 percent of all traffic heading to or departing from U.S. ports,” Trump added. “Considered one of the wonders of the modern world, the Panama Canal opened 110 years ago and was built at a huge cost in American life and treasure. 8,000 American men died.”
In response, José Raúl Mulino said the canal would remain an asset for Panama.
“As president, I want to make it clear that every square meter of the Panama Canal and its adjacent areas belongs to Panama and always will,” Mulino said in the video. statement, According to the English translation. “Our sovereignty and independence are non-negotiable. This canal is not controlled, directly or indirectly, by China, the European Community, the United States or any other major power. I am a Panamanian We strongly reject any statements that distort this reality.”
“Panama respects other countries and demands respect,” he added.
“We'll see about that,” Trump said in another post on Truth Social.
In a previous Truth Social post, President-elect Trump tasked Panama with charging “exorbitant fees” for passage, adding that China had taken over its management.
“When President Jimmy Carter foolishly handed it over for $1 during his term, it was something only Panama would control, not China or anyone else,” Trump said. Ta. “Panama likewise should not have been allowed to charge exorbitant fees and tolls to the United States, its Navy, and companies doing business in the country. Our Navy and Department of Commerce are deeply unfair and We have been treated unfairly. The fees Panama charges are ridiculous, especially considering the extraordinary generosity the United States has given Panama, and this complete “rip-off” of our country must be stopped immediately. Dew. ”
Panama's president said interest rates would not be set “on a whim.”
“Interest rates are not a fickle thing,” Mulino said. “They will be established in public consultations, taking into account market conditions, international competition, operating costs, and the needs for the maintenance and modernization of interoceanic routes.”
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