cross-posted from: https://lemmy.world/post/23416568

Summary

Donald Trump criticized Panama Canal fees as “ridiculous” and demanded lower costs or the canal’s return to the US.

In a Truth Social post, Trump also expressed concern about potential Chinese influence over the waterway, despite no direct Chinese control of canal operations.

The canal, transferred to Panama in 1999, is vital for global trade, handling 5% of maritime traffic.

Trump’s comments follow record revenues of $5 billion announced by the Panama Canal Authority. Panama has not yet responded to his statements.

  • sumguyonline@lemmy.world
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    1 hour ago

    Step 1: spend a bunch of money taking the canal. Step2: realize maintenance and cost of pumping water in with cost of labor for american pay is greater than we were paying to just cross occasionally. Step 3: blame resulting price hikes on the next idiot to take office. Step 4: republicans back in office in 6-8 yrs after a bad presidency.

  • xylogx@lemmy.world
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    6 hours ago

    The reason it has gotten so expensive is that the lake they use to flood the locks is dangerously low. Thing is that lake is also their main source of drinking water. So there is limited capacity unless you deprive the Panamanian people of drinking water. It is a complex issue, and bluster and threats will not make it any better.

    • jagged_circle@feddit.nl
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      2 hours ago

      We’ve bombed them before and I wouldn’t doubt Trump will bomb them again. He seems to have no issues in depriving them of drinking water

    • Viking_Hippie@lemmy.dbzer0.comOP
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      6 hours ago

      I bet at least part of the reason for the lake running low is climate change too, making Trump and his cronies partly responsible for the very expenses he’s having a hissy fit over…

      • jagged_circle@feddit.nl
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        2 hours ago

        Well that’s true

        And its also true that it would encourage local manufacturing and imports from other countries (eg Bangladesh, India, etc)

        • Dasus@lemmy.world
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          1 hour ago

          I don’t think it’s as easy to spring up competitively industries foe things just because consumer have to spend more.

          It’s somewhat ridiculous to pretend this will improve us domestic production. Clothes, smartphones, etc etc etc.

          It’ll just make things mroe expensive. And who benefits from the working class having to spend more?

    • Viking_Hippie@lemmy.dbzer0.comOP
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      7 hours ago

      Fun fact: according to the scientific consensus*, The Panama Canal is not located in China

      *AKA maps. Geography is a science, after all…

  • Sam_Bass@lemmy.world
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    8 hours ago

    For a grown man in a diaper he sure demands a lot. The toddler act is only gonna get him so far

    • jagged_circle@feddit.nl
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      2 hours ago

      Why do you think he will step down after 4 years? He already said he wouldn’t.

      Or are you saying he’ll die soon?

  • Pringles@lemm.ee
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    1 day ago

    In other words: he was playing golf with some shipping magnate who complained about the high fees.

  • iamnotme@feddit.uk
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    18 hours ago

    Hey Panama, it ain’t right that you’re charging people to use the Panama Canal. Give it to me so I can gouge the fuck out of it, including US shipping companies.

    Unless they’re prepared to tickle my saggy balks of course, then they get friends and family discount.

  • TachyonTele@lemm.ee
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    24 hours ago

    Panama has not yet responded to his statements.

    Hopefully they just ignore him. And hopefully other countries start doing that too.

    No government ahould be compelled to respond to Truth Social posts.

    • Viking_Hippie@lemmy.dbzer0.comOP
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      24 hours ago

      Yeah, best case scenario is that the rest of the world starts to consciously uncouple from the US, taking away the ability of the incoming fascist government to strongarm “allies” into doing and saying everything they want or suffer financial and diplomatic ruin.

      • futatorius@lemm.ee
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        20 hours ago

        It’s already happening. If Trump attempts to go Neville Chamberlain on Ukraine, the Europeans (at least a large group of them) are willing to tell him to fuck off.

    • futatorius@lemm.ee
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      20 hours ago

      No civilized person should be compelled to listen to Trump’s whiny gob.

      • kbal@fedia.io
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        23 hours ago

        They probably can’t afford to double the fees for everyone, their canal would be out of business. But double the fees only for American-flagged vessels might be feasible.

        • Captain Aggravated@sh.itjust.works
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          23 hours ago

          It’s my understanding the canal is already almost out of business because they don’t have enough water. They limit travel through the canal to avoid emptying Lake Gatun.

          • AA5B@lemmy.world
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            17 hours ago

            You could argue they need to raise prices, both to account for the natural resource degradation and to reduce congestion to a sustainable level

        • stephen01king@lemmy.zip
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          22 hours ago

          As long as the fees as still lower than the cost to go around South America, I’m sure they’ll still have business.

            • stephen01king@lemmy.zip
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              18 hours ago

              How much global temperature increase would we need for that route to be viable? Have there been any research on this?

              • TachyonTele@lemm.ee
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                18 hours ago

                You bet there’s been research on the northwest passage by every shipping and oil company with enough money to spend on research. A brand new shortcut around the world is the dream.

    • Nougat@fedia.io
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      1 day ago

      Probably not, since the US essentially stole it.

      US wanted to build a canal. The place they wanted to build it was part of Colombia. US backs a secession of the Central American portion of Columbia, creating the nation of Panama. Panama grants the US a 99-year lease on the Canal Zone. US builds canal.

      • ThrowawayPermanente@sh.itjust.works
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        3 hours ago

        Unless Panama stole itself from Colombia when they won their independence I don’t think you can really call this stealing on the part of the US, either

  • shoulderoforion@fedia.io
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    1 day ago

    Everybody laughing at this guy, but actual real people, and families, that are alive today, won’t be this time next year, because of the insane shit Trump and his cadre of incompetents will foist on the world with their purposefully unworkable foreign policies. You don’t do this, or nominate any of Trumps barrel bottoms in the first place, if you want a functioning ChristoFascist government, you do this because you want to get away with something else while everyone is distracted.

  • Blue_Morpho@lemmy.world
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    23 hours ago

    Panama should respond,

    “In response to Trump’s statement, Panama will talk with Putin about the possibility of a Russian military base to be built in Panama to safeguard free trade from interference from President Trump.”

    Trump can’t get angry at his daddy Putin.

  • Dragomus@lemmy.world
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    24 hours ago

    Interesting, the fees can almost be directly compared to his tariffs, as in its a government mandated fee on top of goods/ships crossing the border/canal… and Trump does not like them 😅