4 February 2025
Panama President Mulino expressed willingness to review certain Chinese businesses in Panama, particularly a 25-year concession to Hong Kong-based CK Hutchison Holdings, which operates ports at both entrances of the Panama Canal. Mulino also announced that Panama will not renew its broad agreement with China on the Belt and Road initiative, under which China expanded investment in Panama during previous administrations, and may even terminate it early
Rubio presented an ultimatum to the President of Panama regarding the Panama canal: "Absent immediate changes regarding Chinese influence, the US will take measures necessary to protect its rights under the Treaty"
Secretary of the State Rubio: Arrived in Panama this evening on my first trip as Secretary of State. We're working days, nights, weekends - whatever it takes to strengthen our national security, protect our borders, and enhance economic prosperity for Americans
Trump on the Panama Canal: "We're gonna take it back. They've totally violated the agreement
Panama's president says there will be no talks with the U.S. over ownership of the Panama Canal, - AP