President-elect Donald Trump threatened to reassert U.S. control over the Panama Canal, accusing Panama of charging excessive rates to use the Central American passage, which allows ships to cross between the Pacific and Atlantic oceans.
Speaking to a crowd of supporters in Arizona on Sunday, Trump also said he would not let the canal fall into the "wrong hands," warning of potential Chinese influence on the passage.
China does not control or administer the canal, but a subsidiary of Hong Kong-based CK Hutchison Holdings has long managed two ports located on the Caribbean and Pacific entrances to the canal.
Trump's comments came hours after he leveled a similar threat against Panama in a post on Truth Social on Saturday night.