US EditionTrump says US ships should be allowed to travel through the Panama and Suez canals for free
- Donald Trump stated that American ships should travel free through the Panama and Suez canals, alleging that these routes would not exist without the United States.
- Panamanian President Jose Raul Mulino emphasized that toll fees for the Panama Canal are set by the Panama Canal Authority, with no agreements for free passage.
- Egypt's Suez Canal fees are essential for its economy, accounting for about 10% of global maritime trade before recent conflicts.
- Egypt's Suez Canal revenues fell 60% last year due to attacks on shipping routes by Yemen's Huthi rebels, as reported by Egypt.
217 Articles
217 Articles
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thedailyeconomy.org'A Man, A Plan, A Monopoly?' More History of the Panama Canal
This article is a continuation of A Brief History of the Panama Canal. As the nineteenth century turned into the twentieth, the French were looking for a buyer for their failed Panama Canal project, asking for $109 million, well less than half their cost. The United States, toying with the possibility of constructing a canal through Nicaragua, offered a paltry $40 million, which the French accepted. Legally, there remained the matter of obtainin…
President Trump wants the U.S. to use the Panama Canal for free
(CNN, KYMA/KECY) - President Donald Trump says that he believes U.S. ships should not have to pay to use the Panama Canal or Egypt's Suez Canal. Trump's comments come as he continues to threaten the retaking of the Panama Canal and accusing Panama of charging the U.S. "an exorbitant amount of rates" in order to use the canal. He took to Truth Social, saying in part "American ships, both military and commercial, should be allowed to travel free o…
The Pathway To The American Maritime Renaissance Is AI And Autonomy - Armed Forces Press
We have to innovate and think differently to beat the Chinese President Trump has made it clear that America will go to the Sea in Ships again. The greatest economic might in the world should have the greatest presence on the world’s rivers, coasts, and oceans. Right now, America is the largest economy in the world. Yet, it has the smallest oceanic presence in merchant ships, and the U.S. Navy is withering in the face of a hyper-accelerating Ch…
Trump calls for free passage of US ships through Panama, Suez canals · American Wire News
President Donald Trump has called on Secretary of State Marco Rubio to pursue his administration’s efforts to secure free passage for U.S. ships through two vital shipping lanes. As the president has repeatedly asserted the importance of the Panama and Suez canals to the U.S., his latest message on the issue reminded that the routes “would not exist” without America. “American Ships, both Military and Commercial, should be allowed to travel, fre…
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