Trump announces ‘great’ trade deal with Indonesia, 19% tariff included
U.S. President Donald Trump on Tuesday announced a new trade agreement with Indonesia, calling it a “great deal” that includes a 19% tariff and ex...
Panama leaders reassert sovereignty over Panama Canal after Trump threat
Panama's President Jose Raul Mulino reaffirmed the country's sovereignty over the Panama Canal in a statement signed alongside three former presidents of the country on Tuesday in response to recent threats made by U.S. President-elect Donald Trump to take control of the canal.
Calling the Panama Canal "a vital national asset for the United States", Trump on Saturday slammed what he called unfair fees for U.S. ships passing through the Canal and threatened to demand control of the waterway be "returned" to Washington.
Trump's statement has been met with fierce opposition from the Panama side.
Tuesday's statement by the presidents restated that the sovereignty and independence of Panama are not negotiable.
"As former presidents, we support the statements of President Jose Raul Mulino and we unite under the affirmation that the sovereignty of our country and our canal are not negotiable," former presidents Mireya Moscoso, Ernesto Perez Balladares, and Martin Torrijos Espino said in the statement.
The statement noted that the canal has the mission of serving humanity and its trade, which is one of the great values that Panamanians offer to the world, giving the international community a guarantee of not taking part, or being an active part in any conflict.
Also on Tuesday, the Bolivarian Alliance for the Peoples of Our America - People's Trade Treaty (ALBA-TCP) said in a statement that its member states strongly reject the statements made by Trump.
The Panama Canal is an important commercial passageway protected by International Law, the Torrijos-Carter Treaty and the Treaty Relating to the Permanent Neutrality and Operation of the Panama Canal, which, as an immovable law, establishes that the waterway is an inalienable part of Panamanian territory, and therefore this claim represents an aggression against the sovereignty of that country, said the statement.
The Bolivarian Alliance categorically rejects this new threat to the Latin American and Caribbean region and supports Panama in the defense of its sovereignty, territorial integrity and self-determination, the statement said.
The Panama Canal, an artificial waterway in Panama that connects the Atlantic with the Pacific, was completed by the United States in 1914 and returned to Panama in 1999 under a treaty signed by then U.S. President Jimmy Carter and then Panamanian leader Omar Torrijos. The deal relinquishes American control over the canal by year 2000 and guarantees its neutrality.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
Authorities in North Carolina are investigating three potential storm-related deaths linked to severe flooding from the remnants of Tropical Storm Chantal, officials said Tuesday.
Start your day informed with AnewZ Morning Brief: here are the top news stories for 10th July, covering the latest developments you need to know.
China and the Association of Southeast Asian Nations will send an upgraded ‘version 3.0’ free-trade agreement to their heads of government for approval in October, Chinese Foreign Minister Wang Yi said on Saturday after regional talks in Kuala Lumpur.
Chinese automaker Chery has denied an industry-ministry audit that disqualified more than $53 million in state incentives for thousands of its electric and hybrid vehicles, insisting it followed official guidance and committed no fraud.
French Prime Minister François Bayrou has unveiled a sweeping budget plan that includes scrapping two public holidays—Easter Monday and 8 May, which marks Victory in Europe Day—to tackle the country’s growing debt crisis.
U.S. President Donald Trump on Tuesday announced a new trade agreement with Indonesia, calling it a “great deal” that includes a 19% tariff and expanded U.S. export access.
U.S. President Donald Trump said on Tuesday that Ukrainian forces should not strike Moscow, rejecting reports that he approved long-range missile deliveries.
Canadian Prime Minister Mark Carney says it’s unlikely his government can strike a tariff-free trade deal with the U.S.
NATO Secretary General Mark Rutte is warning that major economies like Brazil, China, and India could face serious consequences if they continue trading with Russia, as the U.S. steps up pressure with fresh sanctions and weapons support for Ukraine.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment