American asset management giant BlackRock has agreed to buy two ports at either end of the Panama Canal from a Hong Kong-based firm whose ownership had angered President Donald Trump.
Trump said several times during the lead-up to his inauguration and since taking office that he intends to “take back” the Panama Canal from Panama, which took over control of the crucial international waterway in 1999 under a treaty negotiated with the United States 20 years earlier. And he cited Chinese ownership of some of the port operations as a sign that China
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