Making this threat on the social media platform ‘Truth Social’, Trump said, ‘Pana Canal is important for America from economic and defense point of view. Only through this canal can America establish relations with its eastern regions and its western regions.
The Panama Canal was built in 1214 during the time of the then US President Theodore Roosevelt. America bore its entire expense. Then this canal was given to America till 31 December 1999. After this America handed it over to small Panama. From then on, a tax of 50 cents per ton began to be imposed on American ships. Now if it is directly increased to $300 per ton, shipping to America will become very expensive.
The Panama Canal is one of the wonders of the modern world. In this, it is done from bottom to top in the east and from top to bottom in the west in such a way that the hilly area can be crossed by filling water in the boxes one by one. Of the American citizens working for it, 38,000 died of malaria and mosquito bites in the mountainous forests. However, President Jimmy Carter did not agree. Turned over to the nation of Panama for the ridiculous fee of $1. The only condition is that it will not hand over the possession of the canal to a country like China.
Now there is fear that Trump may capture the Panama Canal as soon as he comes to the presidency.