Trump touts Blackrock's Panama port deal as start of U.S. 'reclaiming' canal
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President Donald Trump announced BlackRock's acquisition of two Panama Canal ports, highlighting it as a step towards the U.S. 'reclaiming' the canal.
March 05, 2025 | 6:00 am
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BlackRock has acquired two Panama Canal ports, a move endorsed by President Trump as part of a U.S. strategy to 'reclaim' the canal.
The acquisition of Panama Canal ports by BlackRock is a significant strategic move, potentially enhancing its asset portfolio and influence in a key global trade route. Trump's endorsement may further boost investor confidence in BlackRock's strategic direction.
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