Later today, President Trump will meet with his Panamanian counterpart to discuss the Panama Canal.
We could get some clarity after a week of back-and-forth between the two countries.
“We’re going to meet with Panama on Friday about 3:30 in the afternoon by phone,” said Pres. Trump. “And maybe they’ll be some representatives that, you know, here or there, but we’re going to be talking to Panama on Friday, essentially, and they’ve agreed to certain things, but I’m not happy with it.”
Secretary of State Marco Rubio traveled to Panama on his first trip abroad.
This week, he announced that the country would eliminate fees on U.S. government ships. However, Panama’s President said that was not true and accused the U.S. of spreading lies. Rubio walked back his claim but did say that Panama is expected to eliminate the fees.
Fertilizer markets face uncertainty after President Trump raised the possibility of tariffs on Canadian imports, with analysts warning of supply and pricing risks. Josh Linville with StoneX provides a fertilizer industry outlook.
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