Panama Seizes Ports From CK Hutchison Following Pressure by Trump
Panama seized two strategic ports from Hong Kong-based CK Hutchison after the Supreme Court ruled their contracts unconstitutional following pressure from Donald Trump regarding Chinese influence.The Panamanian government transferred temporary management of the Balboa and Cristóbal terminals to Maersk and MSC to ensure canal operations continue.Beijing warned
Panama of severe consequences while
CK Hutchison initiated arbitration as Ambassador
Kevin Cabrera praised the move.