Does Trump Just Want Panama For Personal Tax Purposes?
President-elect Donald Trump’s outlandish threat to seize control of the Panama Canal was made as his companies face ongoing financial and legal troubles in the Central American nation.
During a Sunday speech and in subsequent posts on his social media platform, Truth Social, Trump whined about Panama’s canal fees and suggested that the U.S. could take the Panama Canal back from the Central American nation.
However, an ongoing tax evasion lawsuit reveals the Trump Organization’s troubled history with Panama.
“The fees being charged by Panama are ridiculous, highly unfair. Especially knowing the extraordinary generosity that has been bestowed to Panama, I say very foolishly, by the United States,” Trump said at Turning Point USA’s AmericaFest in Arizona.