Trump threatens to reclaim control of Panama Canal citing unfair treatment of US ships

US President-elect Donald Trump has threatened to demand the return of the Panama Canal to US control, citing "unfair" treatment of American ships and concerns over China's influence. This marks a significant shift in rhetoric regarding the canal's management. The Panama Canal, operated by the Panama Canal Authority, is considered an "inalienable heritage" of Panama. The canal is crucial for global shipping, with 74% of its cargo coming from the US and 21% from China. Panama's President has rejected Trump's claims of foreign control. The canal, inaugurated in 1914, was transferred to Panama in 1999 under treaties signed by US and Panamanian leaders. It plays a vital role in international trade, with 5% of global maritime traffic passing through and generating significant revenue for Panama's economy.