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Republican Bill to Enable Trump’s Acquisition of Panama Canal Moves Forward

share-iconThursday, January 09 comment-icon3 weeks ago 7 views
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thehillTHEHILL
Republican Bill to Enable Trump’s Acquisition of Panama Canal Moves Forward

Credited from: THEHILL

  • Rep. Dusty Johnson is set to introduce the Panama Canal Repurchase Act, allowing the president to negotiate the canal's return to U.S. control.
  • The bill is in response to China's increasing involvement around the canal, which is causing national security concerns.
  • The proposed acquisition mirrors President-elect Trump’s recent comments regarding the symbolic sale of the canal in 1977.
  • The legislation aims for a symbolic purchase price of $1, and mandates the president report to Congress on negotiation progress.
  • Despite the bill's introduction, skepticism exists among some Republicans about the feasibility of reclaiming the canal.

For further details, visit the original article here.

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