Trump threatens to re-take Panama Canal
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 23 December 2024
⏱️ 7 minutes
🧾️ Download transcript
Summary
From the BBC World Service: The incoming U.S. president claimed his country is paying excessive fees to use the waterway, which has been under Panama’s control for decades, and said that he wouldn’t let it fall into the “wrong hands.” Then, Japanese carmakers Honda and Nissan have confirmed that they’re discussing a merger; they’re including another Japanese company, Mitsubishi, in those talks. And we’ll also hear about Croatia’s multi-award-winning Christmas markets.
Transcript
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| 0:22.4 | Marketplace.org slash donate or follow that link in the show notes. |
| 0:28.7 | Who controls the Panama Canal? Live from the UK, this is the Marketplace Morning Report from the BBC World Service. |
| 0:36.4 | I'm Gideon Long in forileana Byrne. Good morning. |
| 0:40.0 | President-elect Donald Trump has threatened to reassert U.S. control over the Panama Canal, |
| 0:45.2 | claiming American ships are being charged excessive fees to use it. Trump told supporters in Arizona |
| 0:50.5 | that he was worried control of the route between the Pacific and Atlantic oceans could fall into the wrong hands. |
| 0:57.0 | You've got to treat us fairly, and they haven't treated us fairly. |
| 1:00.1 | If the principles, both moral and legal, of this magnanimous gesture of giving, are not |
| 1:06.7 | followed, then we will demand that the Panama Canal be returned to the United States of America |
| 1:12.4 | in full, quickly and without question. I'm not going to stand for it. In response, the Panamanian President |
| 1:21.7 | Jose Raul Molino said the status of the canal was not up for discussion. As president, I want to say this clearly. |
| 1:29.9 | Each square metre of the Panama Canal and its adjacent areas belong to Panama. |
| 1:35.8 | And it always will. |
| 1:37.3 | The sovereignty and independence of our country are non-negotiable. |
| 1:41.6 | President Molino added that China had no influence on the way the canal was |
| 1:45.6 | managed. The BBC's Mariko Oi says President-elect Trump's comments came out of the blue. |
| 1:51.0 | We were expecting him to comment about tariffs and so on. I think this one was rather unexpected, |
| 1:57.3 | but he talked about the Panama Canal, which of course is the main link between the |
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