• 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

Harris admits Biden ‘got tired,’ denies ‘conspiracy’ to...

September 10, 2025

Scalise hints GOP may push nationwide crime crackdown...

September 10, 2025

Elon Musk agrees with JD Vance on the...

September 10, 2025

As Trump’s bawdy birthday message to Jeffrey Epstein...

September 10, 2025

Hawley pushes legal action against Meta after whistleblowers...

September 10, 2025

Whole milk makes a comeback in new MAHA...

September 10, 2025

Inside Epstein’s infamous ‘birthday book’: Clinton’s note, poolside...

September 9, 2025

Jury pool shrinks as Ryan Routh trial unfolds...

September 9, 2025

Schumer-linked PAC accuses senator of stock ‘greed,’ but...

September 9, 2025

Dem crime policies crippling cities even in Red...

September 9, 2025
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

  • New York Democrat rips ‘far left’ for Trump victory: ‘Ivory-towered nonsense’

    November 7, 2024
  • MAGA world erupts over Trump’s defense of Bondi amid Epstein files fallout

    July 13, 2025
  • First on Fox: VP Vance to tout Trump’s historic first month in speech to MAGA faithful

    February 20, 2025
  • Kash Patel’s nomination sparks enthusiasm, anxiety; future of the FBI appears uncertain

    December 1, 2024
  • Long BDX: bullish breakout above key resistance with strong institutional support and uptrend confirmation

    March 19, 2025

Popular Posts

  • 1

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

    July 21, 2024
  • 2

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

    July 19, 2024
  • 3

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (5,972)
  • Investing (634)
  • Stock (923)

Latest Posts

  • OpenAI closes funding at $157 billion valuation as Microsoft, Nvidia, SoftBank join round

    October 3, 2024
  • Energy Sec. Wright outlines Day 1 priorities: Refilling SPR, promoting ‘energy addition, not subtraction’

    February 5, 2025
  • Trump says US will ‘take a pass’ on Ukraine peace efforts if Russia refuses to play ball

    April 18, 2025

Recent Posts

  • Dollar General is shaking off tariff fears and winning over higher-income consumers

    June 4, 2025
  • Zelenskyy to meet with Trump in Washington, DC following US-Russia talks

    August 16, 2025
  • Biden Criticizes Trump Amid Jobless Concerns

    August 16, 2024

Editor’s Pick

  • Trump’s DOGE targets blue states with massive cuts in ‘divisive’ DEI contracts

    April 6, 2025
  • ‘American hero’ or ‘failure’: Elon Musk’s DOGE departure divides Capitol Hill

    May 30, 2025
  • Israel considers preemptive strike on Iran as tensions escalate: report

    August 5, 2024
  • 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