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Accordingly, grabbing the Panama Canal would no longer be righting Carter’s wrong, itself degrading the value of any U.S. treaty, but would be an act of naked imperialism.
In 1977, US president Jimmy Carter signed a treaty to hand over control of the canal and the Zone, by degrees.
In a US$23 billion deal, the Hong Kong conglomerate CK Hutchison Holdings will sell all shares in Panama Canal ports to a U.S. consortium including BlackRock.
Washington relinquished control of the waterway to Panama on December 31, 1999, under a treaty signed in 1977 by President Jimmy Carter. Trump has said that Carter "foolishly" gave the canal away.
In 1977, Jimmy Carter finally conceded the canal to Panama. When Panama took over, it established an independent government authority to run the canal for profit and to modernize it.
Since returning to office, President Trump has made repeated claims that China operates the Panama Canal and threatened to take it back from the Panama Canal Authority, which has controlled it ...
The US built the canal in the early 20th Century but, after years of protest, President Jimmy Carter signed a treaty with Panama in 1977 to gradually hand back control of the waterway, which Trump ...
The Panama Canal has taken on an unexpected significance in Trump’s second term. So what is it? Why is it important? And why does Trump want to take it over ...
Trump has long complained about the “bad deal” Jimmy Carter made when he returned the canal to Panama in 1977. But he’s been ratcheting up the rhetoric and falsehoods from the very start of ...