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Rubio toured the transcontinental passage on Monday during a multistop journey in South America, celebrating“Yesterday’s announcement by President that Panama will allow its participation in the CCP’s Belt and Road Initiative to expire is a great step forward for US-Panama relations, a free Panama Canal, and another example of leadership to protect our national security and deliver prosperity for the American people,” Rubio wrote on social media on Monday.
Mulino announced Sunday that he is ordering his government to allow Panama’s agreement with China to expire, effectively ending their current arrangement., who entered the White House last month with the expressed goal of curbing Chinese influence in the operations of the canal. Chinese Ambassador to the United States Fu Cong lamented the development as a “regrettable decision,” claiming that the “smear campaign … launched by the U.S. and some of the other Western countries on the Belt and Road Initiative is totally groundless.”
The CCP has been outspoken in its anger surrounding the Trump administration’s harsh tariffs on their economy. The Chinese Ministry of Commerce vowed Sunday to sue the U.S. through the World Trade Organization over its “wrong practices.”
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