For ships traveling between the east and west coasts of the United States, the canal reduces the journey by 8,000 nautical miles, avoiding the dangerous passage around Cape Horn. 4. The Panama Canal ...

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US President Donald Trump has vowed to "take back" the Panama Canal in his inauguration speech, alleging the vital trade route is under China's control. Doubling down on his pre-inauguration ...

TOKYO/HONG KONG -- Asian businesses and governments are digesting U.S. President Donald Trump's 30-minute inauguration speech, as the returning leader pledged to "put America first" in forging his ...

China comes in second at 21%. The Panama Canal finished the 2020 with $3.4 billion in revenues, up 7.2% on the 2019 fiscal year. In 2020, the canal’s direct contribution to Panama’s national nominal ...

saying the canal belongs to his country of 4 million and will remain Panama’s territory. Panama’s U.N. Mission sent Mulino’s statement to the U.N. Security Council. The statement rejected “in its ...

Panama and China have pushed back against United States President Donald Trump’s controversial claims regarding the Panama Canal. The Panama Canal “was not a gift” from the US, Panama’s ...

According to Article 4 of the Panama Canal Treaty, both governments committed to ensuring the canal's protection and defense during the transfer of power. The Neutrality Treaty guaranteed the ...

From October 2023 to September 2024, China accounted for 21.4% of the cargo volume transiting the Panama Canal, making it the second-largest user after the US. In recent years, China has also ...

Of the many sweeping changes President Trump has been focused on during his return to the White House is control over the Panama Canal. Since winning the 2024 election, Trump has mused over ...

Russia’s foreign ministry has called on President Donald Trump to reaffirm the current international agreement surrounding the Panama Canal and to leave it in control of the nation of Panama.