The CK Hutchison-BlackRock deal has drawn criticism from the Chinese government, which characterized the transaction as a "betrayal" and "spineless groveling".
The Panama Canal was built by the U.S. between 1904 and 1914. It serves as a shortcut between the Pacific Ocean and the Caribbean, dramatically shortening shipping routes from Asia to ports in ...
The $23 billion deal, announced by Hong Kong-based CK Hutchison Holdings, transfers control of the Balboa and Cristobal ports ...
A cargo ship sails through the Panama Canal, in Panama City, June 13, 2024. (AP Photo/Matias Delacroix, File) U.S. Secretary ...
The potential impact of Trump’s tariffs could also adjust shipping routes or the actual method of transportation.
Decision by Hong Kong-based conglomerate comes as US president pushes for greater control of critical trade route over ...
While Donald Trump has declared that the US will take back the Panama Canal, analysts question whether America could actually ...
10don MSN
The agreement will give a BlackRock consortium a majority stake in two terminal ports. Trump has said he wants the trade ...
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