Trump names envoy to Panama after urging US reassert control over canal

By Jasper Ward

(Reuters) -U.S. President-elect Donald Trump has picked Miami-Dade County Commissioner Kevin Marino Cabrera to serve as ambassador to Panama after having threatened for the U.S. to reassert control over the Panama Canal it handed over 25 years ago.

Trump described Cabrera as "a fierce fighter for America First principles" who he said has been instrumental in driving economic growth and fostering international partnerships.

"Few understand Latin American politics as well as Kevin - He will do a FANTASTIC job representing our Nation’s interests in Panama!" Trump wrote in a post on Truth Social on Wednesday.

On Sunday, Trump threatened to reassert U.S. control over the Panama Canal, which it administered for decades before handing it over to Panama in 1999.

Trump said the Central American country, with whom the U.S. has had diplomatic relations since 1903, is "ripping us off on the Panama Canal, far beyond their wildest dreams."

He accused Chinese soldiers of illegally operating the canal and "always making certain that the United States puts in Billions of Dollars in 'repair' money but will have absolutely nothing to say about 'anything.'"

Panama's President Jose Raul Mulino has said China had no influence on the canal's administration, and on Thursday added that there were no Chinese soldiers at the canal.



"There are no Chinese soldiers in the canal for the love of God, the world is free to visit to the canal," he said in a speech on Thursday.

China does not control or administer the canal, but a subsidiary of Hong Kong-based CK Hutchison Holdings, has long managed two ports located on the canal's Caribbean and Pacific entrances.

Source: Investing.com

Publicații recente
Asia stocks up as Japan's Nikkei jumps, S Korea shares slump amid political crisis
27.12.2024 - 07:00
Japan's Nidec targets Makino Milling in $1.6 billion unsolicited bid
27.12.2024 - 07:00
Brazil says workers at China's BYD site are victims of human trafficking
27.12.2024 - 07:00
Images show new novel Chinese military aircraft designs, experts say
27.12.2024 - 07:00
Australia stocks higher at close of trade; S&P/ASX 200 up 0.50%
27.12.2024 - 07:00
Brazil says workers at BYD construction site victims of human trafficking
27.12.2024 - 05:00
China's BYD offers year-end discounts of up to 11.5%
27.12.2024 - 04:00
US stock futures edge lower after muted Wall Street close
27.12.2024 - 03:00
Nidec shares jump as it proposes unsolicited $1.6 billion Makino takeover bid
27.12.2024 - 03:00
Big Oil backtracks on renewables push as climate agenda falters
27.12.2024 - 03:00
Brazilian authorities: workers at BYD construction site victims of international human trafficking
27.12.2024 - 02:00
Nidec announces $1.6 billion unsolicited bid for Makino Milling
27.12.2024 - 02:00
U.S. stocks mixed at close of trade; Dow Jones Industrial Average up 0.07%
27.12.2024 - 00:00
Dow ends up to extend win run to five; rising yields pressure megacap stocks
26.12.2024 - 23:00
Martin Midstream cancels merger with parent company; shares fall about 2%
26.12.2024 - 23:00

© Analytic DC. All Rights Reserved.

new
Analiza pieței Cum va afecta raportul NFP de mâine cursul de schimb al dolarului american?