Trump gets a boost as Panama Canal ruling ups the ante in U.S.-China power struggle [MSNBC.com]
CK HUTCH HLD LTD UNSP/ADR (CKHUY)
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Source: MSNBC.com
In this articleThe Portuguese cargo ship MSC Maxine is pictured at the Port of Balboa at the entrance to the Panama Canal in Panama City on April 23, 2025. The Port of Balboa is managed by CK Hutchison Holdings, based in Hong Kong.Martin Bernetti | Afp | Getty ImagesPanama's top court has ruled against Hong Kong-basedThe outcome is widely seen as a victory for the Trump administration's security ambitions in the Western Hemisphere, with the U.S. seeking to counter China's strategic influence in the region.In abrief statementThe court said it came to its decision after "extensive deliberation" but did not provide further details on the next steps.It also raises questions about the future ownership of some Panama Canal operations, including CK Hutchison'sproposedBlackRock declined to comment on the ruling. CK Hutchison and MSC did not immediately respond to a request for comment.Read moreWhy Panama Canal is a big, long-term prize in Trump's global trade warInside Panama Canal's mega-pro
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- Billions In Chinese Investment To Flee Panama - Beijing Livid Over Canal Ports Decision [zero hedge]zero hedge
- Panama's president says port contracts will not be issued to a single operator [Yahoo! Finance Canada]Yahoo! Finance Canada
- Panama will not be threatened by China over canal court ruling, leader says [Yahoo! Finance Canada]Yahoo! Finance Canada
- The US wants to push China out of Latin America. The Panama Canal is the latest test [CNN]CNN
- The US wants to push China out of Latin America. The Panama Canal is the latest test [CNN]CNN