• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

Sec Hegseth to visit Panama after Trump’s demands for canal’s return

by April 5, 2025
written by April 5, 2025

Defense Secretary Pete Hegseth is slated to meet with Panama leaders next week amid President Donald Trump’s continued efforts to regain control of the key strategic and military resource. 

The Trump administration has been outspoken about national security threats presented by alleged Chinese interference.

During a February visit to the country, Secretary of State Marco Rubio wrote in an X post that ‘the United States cannot, and will not, allow the Chinese Communist Party to continue with its effective and growing control over the Panama Canal area.’ 

Chief Pentagon spokesman Sean Parnell confirmed on Friday the secretary of defense will attend the 2025 Central American Security Conference, participating in discussions that will ‘drive ongoing efforts to strengthen the U.S.’s partnerships with Panama and other Central American nations,’ according to a report from the Associated Press.

The president, who has criticized the six-figure premiums imposed on U.S. ships traveling along the vital waterway, previously suggested repurchasing the canal.

It was built by the U.S. over the span of multiple decades, but was eventually handed over to Panama during the Carter administration.

The ‘Panama Canal Repurchase Act,’ a bill that was recently introduced in Congress, would give Trump the authority to negotiate with appropriate Panamanian government officials to reacquire the Panama Canal.

Panama President José Raúl Mulino previously said China does not have influence over the canal and accused Trump of ‘lying’ about potentially acquiring it, according to the AP.

BlackRock, Inc. later announced a $23 billion deal with Hong Kong-based CK Hutchinson to take ownership of the Panamanian ports of Cristobal and Balboa, along with 43 ports in 23 other countries, Fox News Digital previously reported.

The canal could be used as leverage for China in U.S. tariff negotiations.

Hegseth will also visit Eglin Air Force Base in Florida to meet with military members and leadership at the 7th Special Forces Group, according to the AP.

Fox News’ Morgan Phillips contributed to this report.

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
Senate kicks off all-night ‘vote-a-rama’ as Democrats plan to press GOP on Trump, DOGE
next post
Senate GOP pushes Trump budget framework through after marathon vote series

related articles

Celebrity chef lashes out at Trump for changing...

April 3, 2026

What B-52 bombers bring to Iran fight —...

April 3, 2026

GOP targets transgender animal testing in defund demand...

April 3, 2026

VP Vance to meet with Viktor Orbán in...

April 3, 2026

WATCH: President Trump reveals families of slain US...

April 3, 2026

Justice Jackson sparks online uproar after linking birthright...

April 2, 2026

FBI warns some foreign apps could collect Americans’...

April 2, 2026

Trump-backed wife of RNC chair launches bid for...

April 2, 2026

Trump administration accused of violating court order by...

April 2, 2026

Pam Bondi already fired as attorney general, Cabinet...

April 2, 2026
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • ‘Important lesson’: Conservative activist reveals ‘fascinating’ experience at liberal Sundance Film Festival

    January 31, 2025
  • Zelenskyy says peace deal is close after Trump meeting but territory remains sticking point

    December 30, 2025
  • Lindsey Graham says there’s ‘strong consensus’ to protect Kurds as Syrian forces advance on territory

    January 25, 2026
  • Dollar index ahead of Fed challenge and NFP report

    July 29, 2024
  • Hamas co-founder snaps after being questioned on Oct 7 aftermath: ‘Go to hell’

    October 11, 2025

Popular Posts

  • 1

    District judges’ orders blocking Trump agenda face hearing in top Senate committee

    April 2, 2025
  • 2

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 3

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 4

    CoreWeave eyes $1.5B bond raise to ease debt load following lacklustre IPO: report

    May 9, 2025
  • 5

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024

Categories

  • Economy (829)
  • Editor's Pick (8,466)
  • Investing (1,568)
  • Stock (1,012)

Latest Posts

  • Trump earns bipartisan praise for decisive action against Iran’s nuclear program

    June 22, 2025
  • ‘Only the beginning’: Trump admin releases data showing federal workforce slashed since January

    July 1, 2025
  • Elon Musk presents Indian PM Modi with a Starship heatshield tile from space

    February 14, 2025

Recent Posts

  • US releasing Russian prisoner Alexander Vinnik in Marc Fogel exchange, official says

    February 12, 2025
  • Trump begins second term in stronger position than the first: poll

    January 30, 2025
  • Trump calls for Obama to be criminally investigated, says he was Russiagate ‘ringleader’

    July 22, 2025

Editor’s Pick

  • IAEA chief calls Israeli president, reportedly says Iran nuclear facility was severely damaged

    June 13, 2025
  • Venezuelan opposition leader says democratic transition would be ‘fall of the Berlin Wall’ for Americas

    January 26, 2026
  • GOP says Dems admit ‘guilt’ in Biden health cover-up by boycotting Senate hearing on ‘constitutional scandal’

    June 18, 2025
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.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 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock