Trump Says U.S. Is ‘Reclaiming’ Panama Canal After American and Swiss Investors Strike Deal to Buy Chinese-Backed Ports
President Donald Trump, who had previously claimed without evidence that China controls the canal, celebrated the proposed sale as a major victory during his address to Congress. HONG KONG — A Hong Kong-based conglomerate has agreed to sell its stake in two key Panama Canal ports to U.S. and Swiss investors amid mounting pressure from…