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Tidbits, Panama Canal, Carry and Carryover, FOB 2/3/25

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Tidbits


Secretary of State Marco Rubio was in Panama and met with the President yesterday. Rubio presented him with an ultimatum regarding the Panama Canal: President Trump has determined that “The current position of influence and control of the Chinese Communist Party over the Panama Canal area is a threat to the canal,” according to State Department spokesperson Tammy Bruce.

 

“Absent immediate changes regarding Chinese influence, the US will take measures necessary to protect its rights under the Treaty."

 

Following his meeting, Panama’s president announced that his country will not be renewing its deal with China’s Belt and Road.

 

Later today the USDA will report the amount of corn, canola, and soybeans crushed in December.

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