New US President Donald Trump may buy back the Panama Canal, following legislation introduced in Congress at the start of this month.
The Panama Canal Repurchase Act of 2025 would allow the president to start negotiations with the Panamanian government to reacquire the major shipping waterway, which links the Atlantic and Pacific Oceans.
According to FreightWaves website, Trump suggested the buy back in December for “economic and security reasons”.
The bill has 16 sponsors so far, all Republicans.