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Tags: panama | pete hegseth | canal | port | china | blackrock

Hegseth Heads to Panama Amid Port Deal Drama

Defense Secretary Pete Hegseth (Getty Images)

By    |   Monday, 07 April 2025 07:27 AM EDT

Defense Secretary Pete Hegseth will travel to Panama this week in a high-profile visit that underscores renewed U.S. interest in the Panama Canal, following BlackRock's $19 billion deal to acquire strategic port assets from Hong Kong-based CK Hutchison Holdings — now under review by China.

In the wake of renewed focus on the Panama Canal and President Donald Trump's stated national interests, BlackRock made a surprise announcement on March 5: a deal with Hong Kong-based conglomerate CK Hutchison Holdings to acquire its two ports in Panama, along with a global network of 40 other port facilities.

John Mills ✉

Col. John Mills, ret., served 33 years in the Army and also as a senior civilian in government and at national security-related think tanks.  He is the former director of cybersecurity policy in the Office of the Secretary of Defense.

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Defense Secretary Pete Hegseth will travel to Panama this week in a high-profile visit that underscores renewed U.S. interest in the Panama Canal, following BlackRock's $19 billion deal to acquire strategic port assets from Hong Kong-based CK Hutchison Holdings.
panama, pete hegseth, canal, port, china, blackrock
1013
2025-27-07
Monday, 07 April 2025 07:27 AM
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