{"id":2410774,"date":"2025-03-06T22:21:01","date_gmt":"2025-03-07T03:21:01","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/did-trump-just-win-over-beijing-panama-canal-ports-held-by-chinese-entity-will-be-transferred-to-us-ownership\/"},"modified":"2025-03-06T22:22:33","modified_gmt":"2025-03-07T03:22:33","slug":"did-trump-just-win-over-beijing-panama-canal-ports-held-by-chinese-entity-will-be-transferred-to-us-ownership","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/did-trump-just-win-over-beijing-panama-canal-ports-held-by-chinese-entity-will-be-transferred-to-us-ownership\/","title":{"rendered":"Did Trump Just Win Over Beijing? Panama Canal Ports Held by Chinese Entity Will Be Transferred to US Ownership"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">38<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fdid-trump-just-win-over-beijing-panama-canal-ports-held-by-chinese-entity-will-be-transferred-to-us-ownership%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2410774&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>A Hong Kong-based company, CK hutchison, has\u2062 agreed to sell \u200dtwo port\u2062 facilities located \u2063at either end of the Panama Canal\u2064 to American\u200c investment \u200bgiant BlackRock for $22.8 billion.This decision aligns with \u2062calls \u2064from\u200d former President Donald Trump regarding\u2064 Chinese \u2064influence\u2063 over the Panama canal, which the \u200cU.S. had initially controlled. CK Hutchison has\u200c operated these ports since 1997 adn will require approval from the Panamanian government\u2064 for the deal, which also \u200binvolves 43 ports across 23 countries.<\/p>\n<p>The sale comes amidst recent shifts\u2063 in Panama&#8217;s engagement with China&#8217;s Belt and Road Initiative, which was \u200dcriticized for perhaps leading to debt-trap diplomacy. While BlackRock is an American firm,its priorities,notably in environmental \u2063and social\u200c governance (ESG),have generated mixed responses,especially from\u2063 conservative circles. Nonetheless, \u200dthe transaction represents a strategic move \u200din reducing Chinese control \u2062over <a href=\"https:\/\/amzn.to\/3YuVZYV\">critically important infrastructure essential<\/a> for U.S. economic and \u200bmilitary interests. This development is considered a positive step \u200dtowards enhancing\u2062 U.S. influence in \u2062the region.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><\/p>\n<section> \t\t\t\t<script>console.log(\"ad slot (AC1)\")<\/script><script>console.log(\"ad slot (IC1)\")<\/script><script>console.log(\"ad slot (IC2)\")<\/script><script>console.log(\"ad slot (IC3)\")<\/script><script>console.log(\"ad slot (IC4)\")<\/script><\/p>\n<p>A <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/the-new-acting-attorney-general-jeff-rosen-recently-wrote-an-essay-on-foreign-influence-in-us-elections-this-tells-us-a-little-about-his-knowledge-of-whats-going-on-today\/\" title=\"The New Acting Attorney General Jeff Rosen Recently Wrote an Essay on Foreign Influence in US Elections \u2013 This Tells Us A Little About His Knowledge of What\u2019s Going On Today\">company based<\/a> in Hong Kong agreed to sell two port facilities in the Panama Canal to American asset management behemoth BlackRock, a move that comes after President Donald Trump raised the alarm about Chinese influence over the critical piece of infrastructure.<\/p>\n<p>CK Hutchison, the Hong Kong firm that operates the two ports, one at the Atlantic Ocean entrance and the other at the Pacific Ocean entrance, announced the $22.8 billion deal Tuesday, according to a <a href=\"https:\/\/www.bbc.com\/news\/articles\/clyzlk259g2o\" target=\"_blank\" rel=\"noopener\">report<\/a> from the BBC.<\/p>\n<p>The British news outlet observed that, while CK Hutchison is not owned by the government of <a href=\"https:\/\/www.westernjournal.com\/report-chinas-xi-jinping-secretly-terrified-trumps-recent-moves-desperately-wants-avoid-escalation\/\" target=\"_blank\" rel=\"noopener\">China<\/a>, it operates under the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/is-this-group-of-illegals-a-sleeping-dragon\/\" title=\"Is This Group of Illegals a Sleeping Dragon?\">communist nation&#038;rsquo<\/a>;s financial laws.<\/p>\n<p>CK Hutchison has controlled the two ports since 1997.<\/p>\n<p>The deal between BlackRock and CK Hutchison, which involves a total of 43 ports in 23 countries around the world, requires approval from the Panamanians.<\/p>\n<p> <script type=\"text\/javascript\"> \t\t\tif ( getCookie( \"ff_subbed\" ) ) { \t\t\t\tdocument.getElementById(\"stnvideo\").remove() \t\t\t} \t\t<\/script> <\/p>\n<p>The arrangement follows Trump repeatedly calling for the United States to regain control of the 51-mile Panama Canal, which was initially built by Americans under the direction of President Theodore Roosevelt.<\/p>\n<p>&ldquo;China is operating the Panama Canal. And we didn&rsquo;t give it to China,&rdquo; Trump said during his inaugural address two months ago, according to a <a href=\"https:\/\/www.politico.com\/news\/2025\/03\/04\/panama-canal-trump-sale-00002783\" target=\"_blank\" rel=\"noopener\">report<\/a> from Politico.<\/p>\n<p>&ldquo;We gave it to Panama, and we&rsquo;re taking it back.&rdquo;<\/p>\n<p>The sale of the ports to BlackRock also occurred one month after Panamanian President Jos&eacute; Ra&uacute;l Mulino <a href=\"https:\/\/www.westernjournal.com\/trumps-threats-deliver-big-win-panama-agrees-alter-course-canal\/\" target=\"_blank\" rel=\"noopener\">announced<\/a> that the Latin American country would allow its participation in the Belt and Road Initiative, China&rsquo;s infamous worldwide development project, to expire.<\/p>\n<p>China has been accused of engaging in debt-trap diplomacy through the program, trading development loans for functional control of emerging markets&rsquo; resources and infrastructure.<\/p>\n<p>To be clear, BlackRock may be an American company, but it&rsquo;s not exactly an ally to American interests, especially those held by conservatives.<\/p>\n<p>The highly influential asset manager has an established record of pressuring portfolio companies to comply with the diversity, equity, and inclusion movement, actions to mitigate so-called climate risk, and other facets of the environmental, social, and governance approach to investing.<\/p>\n<p>In essence, <a href=\"https:\/\/www.westernjournal.com\/carbon-capture-companies-stealing-land-stop\/\" target=\"_blank\" rel=\"noopener\">ESG<\/a> is a tool that leftist activists in corporate America use to shift companies&rsquo; priorities away from maximizing profit and toward woke social experiments.<\/p>\n<p>But reducing the foothold China has over the <a href=\"https:\/\/www.westernjournal.com\/trump-china-panama-canal-americas-fight-control\/\" target=\"_blank\" rel=\"noopener\">Panama Canal<\/a> is still a positive development.<\/p>\n<p>The Panama Canal is absolutely essential to the economic and military interests of the United States.<\/p>\n<p>For centuries, the United States has recognized that foreign powers operating in our <a href=\"https:\/\/www.westernjournal.com\/trump-danish-officials-terrified-seems-much-serious\/\" target=\"_blank\" rel=\"noopener\">hemisphere<\/a> are threats to our security.<\/p>\n<p>Any step toward securing our place as the hegemon of the Americas is a step in the right direction.<\/p>\n<div style=\"position: relative;\">\n<div class=\"ff-fancy-header-container\"> \t\t\t \t<\/div>\n<div class=\"entry-submit-correction inner-content\">\n<div class=\"correction-form\">\n<form style=\"display: none;\">\n<div class=\"sc-name-field\"> \t\t\t\t\t\t<label>* Name<\/label> \t\t\t\t\t\t<br \/> \t\t\t\t\t\t<input type=\"text\" name=\"name\" required> \t\t\t\t\t<\/div>\n<div class=\"sc--field\"> \t\t\t\t\t\t<label>* <\/label> \t\t\t\t\t\t<br \/> \t\t\t\t\t\t<input type=\"text\" name=\"\" required> \t\t\t\t\t<\/div>\n<p> \t\t\t\t\t<label>* Message<\/label> \t\t\t\t\t<br \/> \t\t\t\t\t<textarea name=\"message\" required><\/textarea> \t\t\t\t\t \t\t\t\t\t<\/p>\n<div class=\"required-message\" style=\"display: none; padding-bottom: 15px;\">* All fields are required.<\/div>\n<p> \t\t\t\t\t<input type=\"submit\" value=\"Submit\" onclick=\"event.preventDefault(); firefly_sc();\"> \t\t\t\t\t \t\t\t\t\t<\/p>\n<div class=\"firefly-sc-confirm\" style=\"display: none;\">Success!<\/div>\n<\/p><\/form>\n<\/p><\/div>\n<\/p><\/div>\n<p> \t\t<script> \t\t\tfunction firefly_sc() { \t\t\t\tif( typeof window.captchaPublicKey==typeof undefined ){ \t\t\t\t\tconsole.error('window.captchaPublicKey is not defined'); \t\t\t\t} \t\t\t\tgrecaptcha.execute( window.captchaPublicKey, { action: 'submit_correction' } ).then( function( token ) { \t\t\t\t\tvar opts={ \t\t\t\t\t\taction:    'firefly_sc_submit', \t\t\t\t\t\tname:      document.querySelector( '.entry-submit-correction [name=\"name\"]' ).value, \t\t\t\t\t\t:     document.querySelector( '.entry-submit-correction [name=\"\"]' ).value, \t\t\t\t\t\tmessage:   document.querySelector( '.entry-submit-correction [name=\"message\"]' ).value, \t\t\t\t\t\tpost_id:   firefly_post_id, \t\t\t\t\t\tcap_token: token \t\t\t\t\t}  \t\t\t\t\tvar inputs=[ 'name', '', 'message' ];  \t\t\t\t\tfor( var i=0; i <inputs.length; i++ ) if( ! 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CK Hutchison, which has managed the ports since 1997, announced the $22.8 billion deal on Tuesday. Although CK Hutchison is not state-owned, it operates under China&#8217;s financial regulations. The agreement requires approval from Panamanian authorities and involves a total of 43 ports across 23 countries globally. This sale comes after Trump emphasized the need for the U.S. to reclaim control of the canal, originally built by Americans under President Theodore Roosevelt&#8217;s leadership. Additionally, it follows Panamanian President Jos\u00e9 Ra\u00fal Mulino&#8217;s announcement that his country would let its participation in China&#8217;s Belt and Road Initiative lapse\u2014a program criticized for potentially leading to debt-trap diplomacy by China. While BlackRock is an American firm, it has faced criticism from conservatives for promoting progressive agendas like diversity and environmental initiatives through its investments. Nonetheless, reducing China&#8217;s presence in the Panama Canal is seen as a positive move for U.S. interests in maintaining regional dominance<\/p>\n","protected":false},"author":1,"featured_media":2410775,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.westernjournal.com\/wp-content\/uploads\/2025\/03\/Panama-Canal-container-ship.jpg","fifu_image_alt":"","footnotes":""},"categories":[33651],"tags":[4290,51700,47952,3634],"class_list":["post-2410774","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-western-journal","tag-beijing","tag-chinese-entity","tag-panama-canal","tag-trump"],"fifu_image_url":"https:\/\/www.westernjournal.com\/wp-content\/uploads\/2025\/03\/Panama-Canal-container-ship.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2410774","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2410774"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2410774\/revisions"}],"predecessor-version":[{"id":2410778,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2410774\/revisions\/2410778"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2410775"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2410774"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2410774"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2410774"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}