Panama Canal / Screenshot Earlier this month, BlackRock Inc. secured control over key ports near the Panama Canal, stripping away Chinese-linked influence over one of the world’s most crucial shipping routes. The $23 billion deal, which includes $5 billion in debt, will effectively place the strategic ports under American control — a move long advocated by President Donald Trump and national security hawks concerned about China’s grip on global infrastructure. The transaction, announced Tuesday, involves Hong Kong-based CK Hutchison Holdings selling its controlling stake in Hutchison Port Holdings and Hutchison Port Group Holdings to a U.S.-led consortium spearheaded by BlackRock, AP reported. This historic acquisition grants control over 43 ports in 23 countries, including major sites in Mexico, the Netherlands, Egypt, Australia, Pakistan, and Panama’s…
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