President Donald Trump declared on Tuesday that the United States “will be reclaiming” the Panama Canal, saying that America would once again control the critical shipping lane.
During his address to a joint session of Congress, Trump celebrated the news that financial asset manager BlackRock had reached a deal to purchase two major Panama Canal ports. Trump had previously pushed for America to take control of the canal, arguing that Panama was taking advantage of the United States.
“My administration will be reclaiming the Panama Canal, and we’ve already started doing it,” he said. “Just today, a large American company announced they are buying both ports around the Panama Canal.”
TRUMP: “The Panama Canal was built by Americans for Americans, not for others.” pic.twitter.com/2vHeVuagis
— Daily Wire (@realDailyWire) March 5, 2025
On Tuesday, BlackRock announced…