The head of the Federal Maritime Commission will tell a U.S. Senate committee that the United States has options to address the growing presence of China and Chinese firms in Panama. President Donald
IndustryWeek contributor and Panama expert Andrew R. Thomas says winning against China will likely look like Panamanian efforts to curb immigration into Central America and
Experts dispute President Donald Trump’s claims that the Panama Canal is controlled by China and overcharging U.S. ships.
The head of the Federal Maritime Commission, Louis E. Sola, will testify before a Senate committee regarding China's growing presence in Panama. He emphasizes the need for the U.S. to boost support for American companies in the region,
When the Panama Canal was unveiled by the United States in 1914, the roughly 50-mile-long waterway symbolized American power and technological advancement. But the glow of progress soon faded. Building the canal killed roughly 5,
Any loss of capacity, which is more likely to be caused by drought will ripple through supply chains and push up costs in Australia.
China may have investments in the operations of the Panama Canal but its soldiers are not operating it.
China's expanding footprint in Latin America is expected to be high on the agenda when US Secretary of State Marco Rubio visits Panama next week on his first overseas trip since taking office, according to observers.
During his inaugural address, President Donald Trump doubled down on his assertion that China runs the Panama Canal. "China is operating the Panama Canal and we didn't give it to China.
China has fired back at President Donald Trump, dismissing his claim that Beijing has seized control of the Panama Canal as baseless and provocative. Newsweek reached out by email to a Trump representative and to Hutchison Ports, a Hong Kong–based port operator that controls ports near the canal, for comment.
China got only one mention in US President Donald Trump's inaugural address on Monday, but the comment was threatening - especially to a country much closer to America. Suggesting that China's operations in the Panama Canal constituted a degree of ownership of the Central American waterway,
“We didn’t give it to China,” Trump said Monday during his inaugural address. “We gave it to Panama, and we’re taking it back.” Panama strongly rebuked Trump’s comments, with ...