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How billionaire elites answered Trump’s call on Panama

How billionaire elites answered Trump’s call on Panama

Li Ka-shing, Larry Fink and Adebayo Ogunlesi picked up the phone and struck a $36 billion deal to take over 43 ports within weeks.

Donald Trump addressed Congress this week vowing that his administration would reclaim the Panama Canal. Getty

In an address to the nation on Tuesday (Wednesday AEDT), US President Donald Trump vowed that his administration would reclaim the Panama Canal, promising to fulfil a promise to retake the critical juncture that connects the Atlantic and Pacific oceans.

“We’ve already started doing it,” he said, nodding to a “large American company” that had agreed to take over two major ports at either end of the passageway “just today”.

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Original URL: https://www.afr.com/world/central-america/how-billionaire-elites-answered-trump-s-call-on-panama-20250306-p5lhbq