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Secretary of State Marco Rubio sent a warning about the Panama Canal, saying the current status of the trade route is “unacceptable.” According to a summary of Rubio’s meeting with Panama ...
Since 2000 the canal has been operated by the Panama Canal Authority, whose administrator, deputy administrator and 11-member board are selected by Panama’s government but operate independently.
During the 20th century, U.S.-Panama tensions worsened and there were growing protests against U.S. control of the canal, notably after the Suez Canal crisis in 1956, when British and French plans ...
WEST PALM BEACH, Florida (Reuters) -President-elect Donald Trump threatened to reassert U.S. control over the Panama Canal on Sunday, accusing Panama of charging excessive rates to use the Central ...
This isn't the first time Chinese activity in the Panama Canal has stoked national security concerns. In 1998, the Army said that a Hong Kong-based business was planning to take control of the canal.
But the United States and Panama signed a pair of accords in 1977 that paved the way for the canal's return to full Panamanian control. The United States handed over control of the canal in 1999 ...
U.S. Secretary of State Marco Rubio will visit Panama during his first overseas trip in the post, a source told Reuters on Thursday, as President Donald Trump makes a push for the United States to ...
The US-controlled canal quickly became a vital asset for American commerce and the US Navy.. Panama received a $10 million initial payment from the US for the territory followed by $250,000 each ...