Republicans hoping to thwart Beijing’s influence in Latin America urge the Panamanian government to cut ties with Chinese entities.
Although most people thought the matter was closed when Panama officially took control of canal operations from the U.S. in 1999, the issue reared its head during the republican candidate’s campaign when he suggested the engineering marvel that connects the Atlantic and Pacific oceans was being run by China and should return to U.S. control.
A ship goes through the Panama Canal: It now takes $4 million to skip the queue on the busy man-made waterway, as per industry reports.
Panama has complained to the United Nations over U.S. President Donald Trump's "worrying" threat to seize the Panama Canal, even as it launched an audit of the Hong Kong-linked operator of two ports on the interoceanic waterway.