In his fifth speech to Congress on Tuesday night 4th March 2025 (the first in his new term), Donald Trump underscored the determination to reclaim the Panama Canal. “We've already started doing it […] The Canal is the most expensive project that was ever built in our country's history if you bring it up to modern-day costs. It was given away by the Carter Administration for $1 but that agreement has been violated very severely. We didn't give it to China, we gave it to Panama. We're taking it back”, he stated confidently.

