• Stock
  • Business
  • Editor’s Pick
  • Politics
  • Tech News
BoostYourVolume.com

Defense Secretary Pete Hegseth is slated to meet with Panama leaders next week amid President Donald Trump’s continued efforts to regain control of the key strategic and military resource. 

The Trump administration has been outspoken about national security threats presented by alleged Chinese interference.

During a February visit to the country, Secretary of State Marco Rubio wrote in an X post that ‘the United States cannot, and will not, allow the Chinese Communist Party to continue with its effective and growing control over the Panama Canal area.’ 

Chief Pentagon spokesman Sean Parnell confirmed on Friday the secretary of defense will attend the 2025 Central American Security Conference, participating in discussions that will ‘drive ongoing efforts to strengthen the U.S.’s partnerships with Panama and other Central American nations,’ according to a report from the Associated Press.

The president, who has criticized the six-figure premiums imposed on U.S. ships traveling along the vital waterway, previously suggested repurchasing the canal.

It was built by the U.S. over the span of multiple decades, but was eventually handed over to Panama during the Carter administration.

The ‘Panama Canal Repurchase Act,’ a bill that was recently introduced in Congress, would give Trump the authority to negotiate with appropriate Panamanian government officials to reacquire the Panama Canal.

Panama President José Raúl Mulino previously said China does not have influence over the canal and accused Trump of ‘lying’ about potentially acquiring it, according to the AP.

BlackRock, Inc. later announced a $23 billion deal with Hong Kong-based CK Hutchinson to take ownership of the Panamanian ports of Cristobal and Balboa, along with 43 ports in 23 other countries, Fox News Digital previously reported.

The canal could be used as leverage for China in U.S. tariff negotiations.

Hegseth will also visit Eglin Air Force Base in Florida to meet with military members and leadership at the 7th Special Forces Group, according to the AP.

Fox News’ Morgan Phillips contributed to this report.

This post appeared first on FOX NEWS
previous post
Senate kicks off all-night ‘vote-a-rama’ as Democrats plan to press GOP on Trump, DOGE
next post
Senate GOP pushes Trump budget framework through after marathon vote series

You may also like

Speaker Johnson moves on Senate’s Trump budget bill...

May 4, 2025

LA man found guilty of scamming investors, Hollywood...

May 4, 2025

Democrats propose bill to prevent Trump from relocating...

May 4, 2025

Here’s what happened during Trump’s 11th week in...

May 4, 2025

Here’s what Trump is really up to with...

May 4, 2025

‘FOOD BABE’ VANI HARI: Don’t boo the MAHA...

May 4, 2025

South Korea presidential ouster part of Chinese strategy...

May 4, 2025

Senate GOP pushes Trump budget framework through after...

May 4, 2025

Senate kicks off all-night ‘vote-a-rama’ as Democrats plan...

May 4, 2025

New book details Obama’s strained relationship with Democratic...

May 4, 2025
Join The Exclusive Subscription Today And Get Premium Articles For Free


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Recent Posts

  • What Sector Rotation Says About the Market Cycle Right Now

    May 15, 2025
  • Hot Tech Innovators: ABI Research Names Globalstar, Iridium, and EchoStar Mobile Among 8 Top Satellite Operators Innovating in the IoT Market

    May 15, 2025
  • Identiv, ZATAP and Genuine-Analytics Partner to Digitally Authenticate Fine Wines Using Specialized IoT and Blockchain Technology

    May 15, 2025
  • Intelsat, Cubic³ Complete Vehicle Satellite Connectivity Test, Advancing Ubiquitous Connectivity Vision

    May 15, 2025
  • SMCI Stock Rebounds: Why Its SCTR Score is Screaming for Attention

    May 14, 2025
  • About Us
  • Contacts
  • Email Whitelisting
  • Privacy Policy
  • Terms and Conditions

Copyright © 2023 BoostYourVolume.com All Rights Reserved.

BoostYourVolume.com
  • Stock
  • Business
  • Editor’s Pick
  • Politics
  • Tech News