‘You’re not taking anything. BlackRock is going to take it…’<\/a><\/h5>\n\n\n\nBy Ken Silva<\/p>\n\n\n\n![\"\"](\"https:\/\/headlineusa.com\/wp-content\/uploads\/2024\/12\/AP24357685412176-e1741118247412.jpg\" "\\"Trump\\"\/")
FILE – A cargo ship traverses the Agua Clara Locks of the Panama Canal in Colon, Panama, Sept. 2, 2024. (AP Photo\/Matias Delacroix, File)<\/figcaption><\/figure>\n\n\n\nA consortium of investors led by the controversial firm BlackRock<\/a> has reportedly agreed to buy a majority stake in the Panama Canal for $23 billion.<\/p>\n\n\n\n\u201cThe deal would bring the key ports under American corporate ownership, from Hong Kong-based CK Hutchison \u2026 BlackRock has briefed the Trump administration and Congress on the deal,\u201d the Wall Street Journal<\/em><\/a> reported Tuesday, citing a person familiar with the matter. \u201cIf completed, the BlackRock deal could go a long way toward easing concerns about China\u2019s influence over the canal.\u201d<\/p>\n\n\n\nThe move comes after President Donald Trump alleged Chinese interference with the operations of the critical shipping lane.<\/p>\n\n\n\n
\u201cChina is operating the Panama Canal<\/a>, and we didn\u2019t give it to China,\u201d Trump said on Inauguration Day.<\/p>\n\n\n\nIn a filing, CK Hutchison Holding said it would sell all shares in Hutchison Port Holdings and all shares in Hutchison Port Group Holdings. The two units hold 80% in the Hutchison Ports group that operates 43 ports in 23 countries.<\/p>\n\n\n\n
The consortium, comprised of BlackRock, Global Infrastructure Partners and Terminal Investment Limited, will acquire 90% interests in Panama Ports Company, which owns and operates the ports of Balboa and Cristobal in Panama, according to the filing.<\/p>\n\n\n\n
Trump supporters met the news with mixed reactions. Conservatives have long criticized BlackRock for, among other things, abusing its market power to push leftist policies<\/a>. BlackRock was also part of the Democrats\u2019 scheme<\/a> to rebuild Ukraine after its war with Russia.<\/p>\n\n\n\n\u201cOh yeah, that\u2019s much better. Americans are whipped into a jingoistic fervor. \u2018We\u2019re gonna take \u2026. blah \u2026 blah \u2026 blah.\u2019 You\u2019re not taking anything. BlackRock is going to take it,\u201d remarked Chris Rossini, a senior fellow at the Ron Paul Institute.<\/p>\n\n\n\n
\nOh yeah, that’s much better.<\/p>\n\n\n\n
Americans are whipped into a jingoistic fervor.<\/p>\n\n\n\n
“We’re gonna take \u2026. blah \u2026 blah \u2026 blah.”<\/p>\n\n\n\n
You’re not taking anything.<\/p>\n\n\n\n
BlackRock is going to take it. https:\/\/t.co\/As80FMmp03<\/a><\/p>\n\n\n\n
A consortium of investors led by the controversial firm BlackRock<\/a> has reportedly agreed to buy a majority stake in the Panama Canal for $23 billion.<\/p>\n\n\n\n \u201cThe deal would bring the key ports under American corporate ownership, from Hong Kong-based CK Hutchison \u2026 BlackRock has briefed the Trump administration and Congress on the deal,\u201d the Wall Street Journal<\/em><\/a> reported Tuesday, citing a person familiar with the matter. \u201cIf completed, the BlackRock deal could go a long way toward easing concerns about China\u2019s influence over the canal.\u201d<\/p>\n\n\n\n The move comes after President Donald Trump alleged Chinese interference with the operations of the critical shipping lane.<\/p>\n\n\n\n \u201cChina is operating the Panama Canal<\/a>, and we didn\u2019t give it to China,\u201d Trump said on Inauguration Day.<\/p>\n\n\n\n In a filing, CK Hutchison Holding said it would sell all shares in Hutchison Port Holdings and all shares in Hutchison Port Group Holdings. The two units hold 80% in the Hutchison Ports group that operates 43 ports in 23 countries.<\/p>\n\n\n\n The consortium, comprised of BlackRock, Global Infrastructure Partners and Terminal Investment Limited, will acquire 90% interests in Panama Ports Company, which owns and operates the ports of Balboa and Cristobal in Panama, according to the filing.<\/p>\n\n\n\n Trump supporters met the news with mixed reactions. Conservatives have long criticized BlackRock for, among other things, abusing its market power to push leftist policies<\/a>. BlackRock was also part of the Democrats\u2019 scheme<\/a> to rebuild Ukraine after its war with Russia.<\/p>\n\n\n\n \u201cOh yeah, that\u2019s much better. Americans are whipped into a jingoistic fervor. \u2018We\u2019re gonna take \u2026. blah \u2026 blah \u2026 blah.\u2019 You\u2019re not taking anything. BlackRock is going to take it,\u201d remarked Chris Rossini, a senior fellow at the Ron Paul Institute.<\/p>\n\n\n\n Oh yeah, that’s much better.<\/p>\n\n\n\n Americans are whipped into a jingoistic fervor.<\/p>\n\n\n\n “We’re gonna take \u2026. blah \u2026 blah \u2026 blah.”<\/p>\n\n\n\n You’re not taking anything.<\/p>\n\n\n\n BlackRock is going to take it. https:\/\/t.co\/As80FMmp03<\/a><\/p>\n\n\n\n\n