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Trump warns China in fiery speech; Xi Jinping in shock over Panama accusation
Updated On: 02 July, 2026 09:39 PM IST
US President Donald Trump has once again put the Panama Canal at the centre of the US-China rivalry, declaring that the United States will not allow China to take over the strategic waterway. Speaking at the opening of the Theodore Roosevelt Presidential Library, Trump criticised the historic decision to transfer control of the canal to Panama, arguing that the United States should never have given it up. He also claimed that Panama sharply increased transit fees after taking control and accused China of seeking greater influence over the canal.
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