Trump questions Panama Canal fees

 Breitbart:

President-elect Donald Trump threatened to retake the Panama Canal if Panama continued to “rip-off” the United States with “exorbitant” transit fees.

In a post on Truth Social, Trump spoke about the Panama Canal and how it was viewed as a “vital national asset” to the U.S., and how the U.S. was the “number one user” of the Panama Canal. Trump added when former President Jimmy Carter “foolishly” gave the Panama Canal away, it wasn’t for “Panama to charge” the U.S., “its Navy, and corporations” doing business in the U.S. high prices.

“The Panama Canal is considered a VITAL National Asset for the United States, due to its critical role to America’s Economy and National,” Trump wrote. “A secure Panama Canal is crucial for U.S. Commerce, and rapid deployment of the Navy, from the Atlantic to the Pacific, and drastically cuts shipping times to U.S. ports.”

“The United States is the Number One user of the Canal, with over 70 percent of all transits heading to, or from, U.S. ports,” Trump added. “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 – 38,000 American men died from infected mosquitos in the jungles during construction.”
...

 “When President Jimmy Carter foolishly gave it away, for One Dollar, during his term in Office, it was solely for Panama to manage, not China, or anyone else,” Trump continued. “It was likewise not given for Panama to charge the United States, its Navy, and corporations, doing business within our Country, exorbitant prices and rates of passage. Our Navy and Commerce have been treated in a very unfair and injudicious way. The fees being charged by Panama are ridiculous, especially knowing the extraordinary generosity that has been bestowed to Panama by the U.S. This complete ‘rip-off’ of our Country will immediately stop.”

...

Trump has a lot of work to do to correct the bad policies of Democrats.  Panama needs the US business as well as US protection of such a valuable asset.

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