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Sen. Ted Cruz: The nation of Panama did not build or pay for the Panama Canal, America did

  • Senator Ted Cruz accused Panama of violating the 1977 Panama Canal Treaty by allowing illicit oil transfers from Iran and increasing Chinese influence.
  • Cruz stated that Panama's canal profits, which exceed $3 billion, are essential for its budget, affecting American cargo transit fees.
  • The Senate Committee is investigating whether Panama has adhered to the treaty's commitments regarding neutrality and access to the canal.
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Bias Distribution

  • 81% of the sources lean Right
81% Right
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CNBC broke the news in United States on Tuesday, January 28, 2025.
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