Trump hails ‘reclaiming’ of Panama Canal

Agency :

US President Donald Trump has hailed a deal led by US firm BlackRock to buy most of the $22.8 billion ports business of Hong Kong conglomerate CK Hutchison 0001.HK which includes assets along the Panama Canal.
The deal will give the US consortium control of key Panama Canal ports amid White House calls to remove them from what it says is Chinese ownership. The high purchase price sent CK Hutchison’s stock up more than 20 percent.
“My administration will be reclaiming the Panama Canal, and we’ve already started doing it,” Trump told the US Congress.
A large American company announced they are buying both ports around the Panama Canal and lots of other things having to do with the Panama Canal and a couple of other canals.”