this post was submitted on 22 Dec 2024
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Summary

Donald Trump criticized Panama Canal fees as “ridiculous” and demanded lower costs or the canal’s return to the US.

In a Truth Social post, Trump also expressed concern about potential Chinese influence over the waterway, despite no direct Chinese control of canal operations.

The canal, transferred to Panama in 1999, is vital for global trade, handling 5% of maritime traffic.

Trump’s comments follow record revenues of $5 billion announced by the Panama Canal Authority. Panama has not yet responded to his statements.

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[–] [email protected] 30 points 20 hours ago (5 children)

The canal is on a crash course with climate change. They're going to need absolutely massive investment to operate once the lake dries up, and they're not pulling in massive profits to pay for that. If Trump wants lower fees, he best be ready to pay for them. The reality though is that he's probably just betting on failure.

[–] [email protected] 11 points 19 hours ago (2 children)

You may think me mad but it is like this Trump fella doesn't have the best interests at heart for the ole U.S. of A.

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[–] [email protected] 9 points 17 hours ago

It's like when a friend gifts you a lottery ticket and you win the lottery so now the friend wants it.

[–] [email protected] 7 points 20 hours ago

Watch them increase pricing out of spite.

[–] [email protected] 5 points 19 hours ago

Old man shouts at clouds. German media organization reports on it and further sane washes idiot's moronic ramblings.

Details at 11:00.

[–] [email protected] 3 points 17 hours ago

Trump "demands" lots of things. Almost all of them are directly against the interests of the party he's demanding them from.

He's a bully who thinks he deserves to get his way all the time in all things. And he's a crybaby when he doesn't get what he wants.

And he's enough of an idiot to come up with a lot of ridiculous things to try and demand.

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