Donald Trump has said repeatedly that he wants to “take back” the Panama Canal but has not offered specifics about how he would do so. WHY IS THE PANAMA CANAL IMPORTANT? The Panama Canal, located at the narrowest part of the isthmus between North and South America,

BlackRock's involvement signals a shift from a Hong Kong-based company to a US-led consortium, aligning with Trump's strategy.

Panama’s president accused Donald Trump of lying to Congress after the US leader reiterated his intention to take over the Panama Canal.Trump told lawmakers in Washington on Tuesday that Panama had broken the agreements it made when it took over the waterway a quarter-century ago.

President Donald Trump cited BlackRock's Tuesday deal to acquire Panama Canal ports as part of his administration's broader effort to "reclaim" the crucial waterway.

A group of investors led by BlackRock is to acquire the two strategic ports of Cristobal and Balboa in the Panama Canal for more than 22 billion dollars. "My administration is going to take back the Panama Canal,

: Donald Trump vowed to take back the Panama Canal, claiming that a 1970s agreement to hand over the canal to Panama had been violated. “The Panama Canal was built by Americans for Americans,” he said.

Most of the stakes in key ports on the Panama Canal are owned by a Hong Kong-based company and are set to be sold off after Trump announced his waterway plans.

Trump and his team are right to recognize Panama’s strategic importance, but they are wrong in how they are approaching the issue. During his inaugural address in January, President Trump proclaimed that “China is operating the Panama Canal” and promised that the United States would be “taking it back.