Panamanian leader questions intention of those who signed 2017 deal and addresses concerns about Beijing's investment in Panama Canal Panama has officially informed Beijing of its decision to withdraw from China's massive infrastructure and investment project,

Panama has formally ended its participation in China's Belt and Road initiative, signaling efforts to improve relations with the Trump administration.

The Trump administration is taking proactive measures to regain control over the Panama Canal and reduce Chinese influence at its ports.

President Trump is wrong when he says China controls the Panama Canal. But the U.S. rival does have influence there, and the administration is moving to counter it.

Panama’s President José Raúl Mulino said he is scheduled to speak with President Trump on Friday amid his efforts to reclaim the nation’s sought after canal. “I was told a few minutes ago by