Bull Hedging
  • Politics
  • Stocks
  • Business
  • Investing
  • Politics
  • Stocks
  • Business
  • Investing

Bull Hedging

Politics

​​Hegseth says Panama agreed to allow US warships to travel ‘first and free’ through canal

by admin April 10, 2025
April 10, 2025
​​Hegseth says Panama agreed to allow US warships to travel ‘first and free’ through canal

Defense Secretary Pete Hegseth announced Wednesday that U.S. and Panama officials would sign a ‘framework’ agreement allowing U.S. warships to travel ‘first and free’ through the Panama Canal. 

Hegseth said the two countries had already signed a memorandum of understanding on security cooperation and that they would finalize a document guaranteeing U.S. warships and auxiliary vessels priority, toll-free passage through the canal.

When Secretary of State Marco Rubio visited Panama earlier this year, the State Department claimed it had secured a deal for the free passage of U.S. warships. But Panamanian President José Raúl Mulino denied any such agreement had been reached.

‘I completely reject that statement,’ Mulino said at the time. The Panama Canal Authority also said it had ‘not made any adjustments’ to its fee structure.

Earlier Wednesday, Hegseth warned that China’s military presence in the Western Hemisphere is ‘too large’ as he visited Panama to meet with the nation’s officials, visit U.S. troops and tour the canal ports. 

‘Make no mistake, Beijing is investing and operating in this region for military advantage and unfair economic gain,’ Hegseth said in brief remarks to the press. ‘China’s military has too large of a presence in the Western Hemisphere. They operate military facilities and ground stations that extend their reach into space. They exploit natural resources and land to fuel China’s global military ambitions. China’s factory fishing fleets are stealing food from our nations and from our people.’

He added that war with China is ‘not inevitable,’ and the U.S. does not seek war in any form. ‘Together, we must prevent war by robustly and vigorously deterring China’s threats in this hemisphere.’ 

To strengthen military ties with Panama and reassert influence over the canal, the U.S. will deploy the USNS Comfort, a Navy hospital ship, to the region.

Hegseth vowed Tuesday that the U.S. will ‘take back’ the Panama Canal from Chinese influence, pointing to port operations controlled by Hong Kong-based CK Hutchison.

The secretary later said Wednesday that he and Panamanian officials would be signing an agreement that U.S. warships would travel ‘first and free’ through the Panama Canal. 

Last month the conglomerate agreed to a $19 billion deal to sell a group of 43 ports, including two in Panama, to U.S.-based BlackRock, 

Trump hailed the agreement, seen as a solution to his complaints that the canal was owned by China, but now that deal may fall apart. 

China has criticized the deal, opening up antitrust probes, and a Panamanian official has accused CK Hutchison of failing to properly renew its contract in 2021 and owing the country $300 million.

After meeting with Mulino, Hegseth said Tuesday the U.S. will not allow China to threaten the canal’s operation. 

‘To this end, the United States and Panama have done more in recent weeks to strengthen our defense and security cooperation than we have in decades,’ he said.

Hegseth alluded to the ports owned by CK Hutchison. ‘China-based companies continue to control critical infrastructure in the canal area,’ he said. ‘That gives China the potential to conduct surveillance activities across Panama. This makes Panama and the United States less secure, less prosperous and less sovereign. And as President Donald Trump has pointed out, that situation is not acceptable.’

The Chinese embassy in Panama hit back: ‘The U.S. has carried out a sensationalistic campaign about the ‘theoretical Chinese threat’ in an attempt to sabotage Chinese-Panamanian cooperation, which is all just rooted in the United States’ own geopolitical interests.’

The war of words in Panama comes as China and the U.S. are now locked in a trade war, where Trump slapped Chinese goods with a total 104% tariff. China retaliated with 84% tariffs on U.S. goods.

This post appeared first on FOX NEWS

previous post
Greene and Garcia clash over RFK Jr. and vaccines, measles outbreak
next post
Mastering Stock Market Turbulence: Essential Insights for Investors

Related Posts

Democratic lawmakers criticize Israel’s defensive strikes against Iran’s...

June 14, 2025

Iran still wants a nuclear weapon despite ‘serious...

July 7, 2025

USAID staffers stunned, angered by Trump admin’s DOGE...

February 6, 2025

Sen. Rand Paul pledges to get Trump’s cabinet...

December 23, 2024

Monica Lewinsky leaves Clinton scandal in dust, joins...

April 8, 2025

DAVID MARCUS: Drone debacle perfect end to Biden’s...

December 16, 2024

Trump official travels to Venezuela in push for...

February 1, 2025

Kash Patel turns tables on Dem senator with...

January 31, 2025

Democrats begin to embrace Musk amid Trump spat...

June 6, 2025

Trump issues full-throated endorsement of Sen. Steve Daines:...

April 22, 2025

Recent Posts

  • RGTI Stock Surged 30% — Is This the Start of a Quantum Comeback?
  • Three Bearish Candle Patterns Every Investor Should Know
  • These HOT Industry Groups are Fueling This Secular Bull Market
  • ‘Irrelevant’: Senators push back against Vought’s call for more partisan spending process
  • Biden-era policy indirectly paying for unaccompanied minors’ abortions rescinded by Trump DOJ

Recent Comments

No comments to show.

About Us

About Us

Design Magazine

Welcome to Design Magazine. Follow us for daily & updated design tips, guide and knowledge.

Stay Connect

Facebook Twitter Instagram Pinterest Youtube Email

Recent Posts

  • RGTI Stock Surged 30% — Is This the Start of a Quantum Comeback?

    July 18, 2025
  • Three Bearish Candle Patterns Every Investor Should Know

    July 18, 2025
  • These HOT Industry Groups are Fueling This Secular Bull Market

    July 18, 2025
  • ‘Irrelevant’: Senators push back against Vought’s call for more partisan spending process

    July 18, 2025
  • Biden-era policy indirectly paying for unaccompanied minors’ abortions rescinded by Trump DOJ

    July 18, 2025
  • Unearthed chat sheds light on cozy ties between judges, climate activists, raising ethical concerns

    July 18, 2025

Editors’ Picks

  • 1

    Small Caps are Set to Skyrocket in 2025—Here’s What You Need to Know

    December 12, 2024
  • 2

    Trump leaves China guessing what his next move is with unusual inauguration invitation

    December 15, 2024
  • 3

    Ad revenue should stabilize for media companies in 2025 — if they have sports

    December 31, 2024
  • 4

    Uranium Price Forecast: Top Trends That Will Affect Uranium in 2025

    December 19, 2024
  • 5

    Lead Price Forecast: Top Trends for Lead in 2025

    January 11, 2025
  • 6

    Zinc Stocks: 4 Biggest Canadian Companies in 2025

    January 15, 2025
  • 7

    Trudeau declares himself ‘proud feminist’ after lamenting Harris loss to Trump as setback for women

    December 13, 2024
Promotion Image

banner

Categories

  • Business (455)
  • Investing (1,586)
  • Politics (1,957)
  • Stocks (662)
  • About us
  • Contacts
  • Privacy Policy
  • Terms and Conditions
  • Email Whitelisting

Disclaimer: bullhedging.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


Copyright © 2025 bullhedging.com | All Rights Reserved