Panama Canal MOU Signed

After two days in Panama City, Defense Secretary Pete Hegseth signed a memorandum of understanding with Panamanian leaders regarding the Panama Canal. With this agreement, Panama will reimburse U.S. ships for any transit fees through this important trade route. In February, Panama agreed to end China’s investment in infrastructure on the Panama Canal. Previously, President Trump threatened to end the treaty with the local government and take back control of the waterway.