Trump threatens to take control of Panama Canal, Greenland
Mint Chennai|December 24, 2024
China has replaced the United States as the dominant trading partner in Latin America
Santiago Pérez, José de Córdoba & Alex Leary

President-elect Donald Trump is openly discussing provocative aspirations for U.S. territorial expansion as he prepares to return to the White House, warning about taking over the Panama Canal and wresting control of Greenland from Denmark.

His comments, delivered in public remarks and social-media posts on Sunday, come after he recently trolled Canadian Prime Minister Justin Trudeau by suggesting that Canada should become the 51st state and referring to Trudeau as a governor.

During the recent presidential campaign, Trump said he would deploy the U.S. military to impose a naval embargo on Mexican cartels and order the Pentagon to use American special forces to take down cartel leaders.

Taken together, the president-elect's broadsides signal that he will pursue a confrontational foreign-policy agenda, leveraging unconventional threats and pointed demands in an attempt to gain advantage over allies and adversaries alike.

Trump is often prone to provocation, and it wasn't immediately clear if he would try to follow through on his demands.

But if he does, he is likely to face stiff resistance from world leaders, who would object to any effort to undermine their sovereignty.

"We're being ripped off at the Panama Canal like we're being ripped off everywhere else," Trump said at a conservative conference in Phoenix on Sunday, demanding the return of the state-run canal to the U.S.

"We will never, never let it fall into the wrong hands."

Trump didn't specify how he would take back control of the canal.

His transition team didn't respond to a request for additional comment.

Later Sunday, in a statement announcing his pick for U.S. ambassador to Denmark, Trump signaled his continued interest in taking control of Greenland.

Esta historia es de la edición December 24, 2024 de Mint Chennai.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

Esta historia es de la edición December 24, 2024 de Mint Chennai.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

MÁS HISTORIAS DE MINT CHENNAIVer todo
Mint Chennai

Services exports save the day for current account in Sep quarter

A rise in services exports helped narrow India's current account deficit (CAD) in the September quarter, although this marked the second consecutive quarterly deficit after hitting a surplus in the final three months of FY24.

time-read
1 min  |
December 28, 2024
Mint Chennai

Sebi Issues Circular on Share Transfer

The circular provides clarity on the rules surrounding ownership transfers in intermediary cos

time-read
1 min  |
December 28, 2024
Mint Chennai

UltraTech to Acquire Minority Stake in Star Cement

UltraTech Cement on Friday said it will acquire a minority stake of 8.69% from the promoters of Meghalaya-based Star Cement in a deal worth up to ₹851 crore.

time-read
1 min  |
December 28, 2024
Mint Chennai

Rupee falls to record low as dollar bids spike

The rupee fell to an all-time low on Friday, as maturing non-deliverable forwards and currency futures boosted dollar demand, while the sharp fall led to panic dollar buying by importers.

time-read
1 min  |
December 28, 2024
Mint Chennai

JSW Neo to acquire O2 Power; EQT and Temasek to exit

The transaction entails acquisition of O2 Power Midco Holdings and O2 Energy SG, and is subject to customary nods

time-read
1 min  |
December 28, 2024
Mint Chennai

Rural-urban consumption gap shrinks in 2023-24

The monthly per capita consumption expenditure rose to ₹4,122 in rural areas and ₹6,996 in urban areas

time-read
1 min  |
December 28, 2024
Mint Chennai

Escorts Kubota's ride is bumpy amid demand concerns

Escorts Kubota Ltd continues to grapple with the challenges of weak export volumes and subdued construction equipment demand.

time-read
2 minutos  |
December 28, 2024
Mint Chennai

India's Textile Exports a Silver Lining as Trade Deficit Widens

Experts attribute this growth to govt policies, trade deals, and adoption of new technologies

time-read
3 minutos  |
December 28, 2024
Mint Chennai

The Archetypical Insider Who Guided India Towards Its Economic Potential

During Singh's tenure at RBI, India embraced a more flexible exchange rate to promote exports

time-read
5 minutos  |
December 28, 2024
Mint Chennai

A Vision

Former prime minister Manmohan Singh's tenure (2004-2014) witnessed significant reforms that profoundly impacted India's economy, governance, and social infrastructure. His reforms focused on pressing issues such as poverty alleviation, education, healthcare, and corruption. Mint takes a look at the key reforms that reflect Singh's enduring legacy.

time-read
1 min  |
December 28, 2024