this post was submitted on 29 Mar 2025
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CK Hutchison will not sign deal to sell strategic Panama ports next week, sources say (www.reuters.com)
submitted 1 week ago by yogthos@lemmygrad.ml to c/worldnews@lemmygrad.ml
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[–] yogthos@lemmygrad.ml 3 points 1 week ago

It's going to be interesting to watch how this develops because I can't see either the US or China backing down on this. If the US did forcefully take over the canal then I would expect China to find a way to do reciprocal economic harm to US. Given how China has responded up to now, it would likely be some more targeted import/export restrictions at critical things that the US needs.