Panama Canal is not for sale, Panama's president says. What to know about the canal's history and status
The U.S. acquired the rights to build and operate the canal in the early 20th century, but at the time, Panama was in the process of seceding from Colombia, whose senate was refusing to ratify a treaty that would allow the canal to be built, according to the State Department's Office of the Historian .
Panama’s president rejects Trump’s claim of Chinese interference at canal
Panamanian President José Raúl Mulino rejected President-elect Trump’s claims of Chinese interference and high fees to use the Panama Canal. The post Panama’s president rejects Trump’s claim of Chinese interference at canal appeared first on FreightWaves.
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