There will be no negotiation about ownership of canal, says Panama's prez

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There will be no negotiation about ownership of canal, says Panama's prez - Business Standard

Quick Summary:

Panama President Jose Raul Mulino said Thursday there will be no negotiation with the United States over ownership of the Panama Canal, and he hopes US Secretary of State Marco Rubio's upcoming visit will allow them to focus on shared interests including migration and combating drug trafficking.

Being the destination for the first overseas visit by the top US diplomat would have been big for Panama in any case, but Rubio comes as the emissary of US President Donald Trump, who has repeatedly suggested the US retake the Panama Canal.

On the day of his inauguration, Trump claimed that US ships were being severely overcharged and not treated fairly in any way, shape or form, noting that "above all, China is operating the Panama Canal.