Panama's president vows to end a development deal with China over the Panama Canal after meeting with Secretary of State Marco Rubio and complaints from President Donald Trump. There are discussions about the U.S. regaining ownership of the canal due to concerns about Chinese control.
Key Points
Panama's president vows to end a key development deal with China over the Panama Canal
Discussions on the U.S. regaining ownership of the canal
Concerns about Chinese control over the canal
Pros
Panama asserting sovereignty over the Panama Canal
Increased relations and investments with the U.S.
Discussion on the U.S. potentially regaining ownership of the canal
Cons
Concerns about Chinese control over the canal
Potential implications on global trade and security