As for the Panama Canal, Mulino denied U.S. vessels are being overcharged to use the waterway and emphasized that China plays no role in the canal. A Hong Kong-based firm manages two ports at the Panama Canal’s entrances, but Panama owns and operates the entire canal.

The president of Panama is pushing back on rhetoric from President-elect Donald Trump after days of social media posts threatening to take back control of the Panama Canal. Panamanian President Jose Raul Mulino spoke at a press conference Thursday in which he dismissed various assertions made by the president-elect about the canal,