Market
Will Panama reduce canal fees for U.S. ships by mid-2025?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcements from the Panama Canal Authority or relevant Panamanian government agencies
Story
Trump Threatens to Reclaim Panama Canal Over 'Exorbitant' Fees and Chinese Influence
Dec 22, 2024, 11:30 PM
President-elect Donald Trump has suggested that the United States might demand the return of the Panama Canal if Panama does not reduce the fees charged to U.S. ships. Speaking at 'America Fest' in Phoenix, Trump criticized the fees as 'exorbitant' and 'ridiculous,' labeling the 1977 treaty that ceded control to Panama as a mistake and stating that the U.S. 'foolishly' gave away the canal. He also expressed concerns about potential Chinese influence over the strategic waterway. Trump threatened to reassert U.S. control over the canal if fees are not lowered. Panama's President responded sharply, affirming that the canal and surrounding areas are sovereign Panamanian territory and that their sovereignty is not negotiable. Trump's remarks have drawn international attention and raised concerns about potential tensions between the United States and Panama.
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