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"Rest assured, it [the canal] will stay in our control forever."

"The only hands operating the canal are Panamanian and that is how it is going to stay."

"Such proposals [repurchasing the Panama Canal] are legally impossible and operationally unnecessary."

"Panama is not about to return the canal."

"There's very little wiggle room, absent a second U.S. invasion of Panama, to retake control of the Panama Canal in practical terms."

"Trump cannot acquire the Panama Canal except through the crime of aggressive war."

"The United States is vastly stronger than Panama and could take the canal back through military force or economic pressure if it so desired."

"We didn't give [the Panama Canal] to China, we gave it to Panama, and we're taking it back."

Will the United States Take Control of the Panama Canal?

Panama's Supreme Court annulled the concession allowing Hong Kong-based CK Hutchison Holdings to operate the ports of Balboa and Cristobal at either end of the Panama Canal. The court found the laws underpinning the concession contracts unconstitutional.

Panama's Supreme Court annulled the concession allowing Hong Kong-based CK Hutchison Holdings to operate the ports of Balboa and Cristobal at either end of the Panama Canal. The court found the laws underpinning the concession contracts unconstitutional.

The lawsuit was brought by Panama's comptroller following a government audit that alleged irregularities and claimed the Hong Kong company had not paid proper taxes, resulting in an estimated $1.2 billion in lost revenue since 1997.

The lawsuit was brought by Panama's comptroller following a government audit that alleged irregularities and claimed the Hong Kong company had not paid proper taxes, resulting in an estimated $1.2 billion in lost revenue since 1997.

CK Hutchison's Panama Ports Company subsidiary rejected the ruling, stating it lacks legal basis and jeopardizes the well-being of thousands of Panamanian families who depend on port activity. The company has operated the ports since the 1990s.

CK Hutchison's Panama Ports Company subsidiary rejected the ruling, stating it lacks legal basis and jeopardizes the well-being of thousands of Panamanian families who depend on port activity. The company has operated the ports since the 1990s.

President Donald Trump threatened to seize control of the Panama Canal in early 2025, claiming China was effectively operating it and calling it a security threat. Trump stated the U.S. gave the canal to Panama, not China, and declared he was taking it back.

President Donald Trump threatened to seize control of the Panama Canal in early 2025, claiming China was effectively operating it and calling it a security threat. Trump stated the U.S. gave the canal to Panama, not China, and declared he was taking it back.

China's foreign ministry said Beijing would take all necessary measures to safeguard the legitimate rights and interests of Chinese companies. Hong Kong's government strongly opposed any foreign government using coercive means in international economic relations.

China's foreign ministry said Beijing would take all necessary measures to safeguard the legitimate rights and interests of Chinese companies. Hong Kong's government strongly opposed any foreign government using coercive means in international economic relations.

CK Hutchison had agreed to sell its majority stake in the Panamanian ports to a consortium led by BlackRock in a deal valued at approximately $23 billion, but the transaction appeared to stall over objections from the Chinese government.

CK Hutchison had agreed to sell its majority stake in the Panamanian ports to a consortium led by BlackRock in a deal valued at approximately $23 billion, but the transaction appeared to stall over objections from the Chinese government.

Panama Court Voids Hong Kong Firm's Canal Port Deal

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