Panama President José Raúl Mulino says there will be no negotiation with the United States over ownership of the Panama Canal. He also says that he hopes U.S.
Panama President José Raúl Mulino says there will be no negotiation with the United States over ownership of the Panama Canal. He also says that he hopes U.S.
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If I build a treehouse in the backyard of a building I'm renting (with landlord approval ofc), then I move out, I don't take the tree house with me, US law states moreorless that anything that is not portable, when installed on a piece of land, become that land owners property.
The US built a canal on Panama's property. Under agreement from both parties, sounds like the same should apply here. The amount of money spent and who spent it doesn't really matter imo. It's on panama's land, its panama's property.
The US will honor treaties when they are politically or economically advantageous to the leadership at the time. Everything else is up for negotiation. At the end of the barrel of a gun.
it wasn't meant to be the US property/controlled forever anyway, part of the initial agreement was a "in perpetuity" ownership with added restrictions maxing out at 99 years. We are long past that point anyway as the ownership upper term was hit in 2013, but yes, the treaty is also a huge reason why as well.
Basically the only thing that the US was supposed to always have, was access to the canal.
Nowadays I use this rule of thumb: When Trump says something, at least 50% of it is false. Newspapers tend to write about the most outrageous parts, so if you read about Trump saying something, it’s pretty much guaranteed to be all wrong.