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  • 5 hours ago
The United States, Bolivia, Costa Rica, Guyana, Paraguay, and Trinidad and Tobago have issued a joint statement in support of Panama, accusing China of applying economic pressure. The countries say Beijing has increased inspections and detentions of Panama-flagged ships, actions widely viewed as retaliation. The dispute follows a Panama Supreme Court ruling that scrapped a long-standing deal granting Hong Kong-based firm CK Hutchison rights to operate ports on the Panama Canal.
Transcript
00:00The U.S. and several Latin American countries are accusing China of economic pressure against Panama.
00:07The U.S., Bolivia, Costa Rica, Guyana, Paraguay, Trinidad and Tobago released a joint statement in support of Panama.
00:15They say China is politicizing trade by increasing inspections and detentions of Panama-flagged ships.
00:22The moves are widely seen as retaliation for a Panama Supreme Court ruling
00:27that's grabbed a long-standing deal granting Hong Kong from C.K. Hutchison rights to operate parts of the Panama
00:32Canal.
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