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House Republican bill would pave way for Trump to acquire Panama Canal for US

  • Rep. Dusty Johnson plans to introduce the Panama Canal Repurchase Act, authorizing President-elect Trump to negotiate reacquiring the canal from Panama.
  • The bill requires a report to Congress on progress within 180 days and suggests a symbolic $1 reacquisition cost.
  • Concerns over China's influence near the canal have prompted support for the bill, with skepticism remaining among some Republicans.
  • Trump has called the 1977 treaties a mistake and stated the canal is vital to U.S. Interests, hinting at military action if necessary.
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