President-elect Donald Trump has said he will take back control of the Panama Canal from the nation’s government if U.S. interests are not protected, in line with the Carter–Torrijos Treaty of 1977 under President Jimmy Carter.
One of the world’s busiest and most significant shipping routes, the Panama Canal cuts weeks of transit time off trade and travel—the majority of which is seeking access in and out of U.S. ports.
“Considered one of the Wonders of the Modern World, the Panama Canal opened for business 110 years ago and was built at huge cost to the United States in lives and treasure,” Trump said in a statement posted to Truth Social Dec. 21….