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Panama Canal is not a ‘gift’ from the US, Panama’s president says

Panama Canal is not a ‘gift’ from the US, Panama’s president says

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U.S President would be in for a big fight in his second coming.

This is as Panama showed that it was ready to resist his claim to the Panama Canal.

Reacting to US President Donald Trump’s threats of taking “back” the Panama Canal, a key trade route.
“The Panama Canal was not a concession or a gift from the United States,” Panama’s President Jose Raul Mulino tells a panel at the World Economic Forum in Davos in Switzerland.
In his inaugural speech, Trump said Panama had “broken” a promise to remain neutral, alleging that “China is operating the Panama Canal”. Trump also said “American ships are being severely overcharged and not treated fairly”.
The canal is one of the most important trade routes for the US. Around 5% of global maritime trade passes through the 51 mile (82 km) Panama Canal.
Mulino says Trump’s claims about the canal are “false”, adding that it belongs to the people of Panama.

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