Brief by Shorts91 Newsdesk / 01:55pm on 06 Mar 2025,Thursday International
US President Donald Trump has said his administration is “reclaiming” the Panama Canal after a US-led group bought stakes in a key port. The Panama President, Jose Raul Mulino, called Trump’s statement false. “Once again, President Trump is lying,” Mulino wrote on X, rejecting the claim. Trump said the US has “already started” taking back the canal, built by the US and handed to Panama in 1999. He has accused China of controlling it. The $19 billion deal involves BlackRock buying shares from a Hong Kong firm. Panama insists it remains in full control of the canal.