The plan was for a group led by the U.S. firm BlackRock to buy them. But Beijing is unhappy and is scrutinizing the deal.

A deal has reportedly been made which will see troops deployed to the Central American country for training exercises.

At a Cabinet meeting on Thursday, Sec. Pete Hegseth spoke about Panama. Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth ...

Defense Secretary Pete Hegseth breaks down recent arrangements around the Panama Canal and addresses rising temperatures in ...

The Trump administration has made the security of the canal, built by the U.S. more than a century ago, a top priority for ...

US Secretary of Defense Pete Hegseth said that he would sign a declaration with Panama Wednesday on the security and ...

By Alek Buttermann The Panama Canal remains at the centre of geopolitical tension, as the United States increases pressure to ...

Hegseth, who was in Panama on Tuesday to meet with its government officials, spoke from a new U.S.-financed pier at the Vasco Nuñez de Balboa Naval Base on the canal. He said Beijing would not be ...

We certainly respect the sovereignty of the Panamanians,” the U.S. defense secretary said before departing the country back ...

Panama and the U.S. signed a new security pact on the canal, boosting defense ties as tensions with China over Latin American ...