U.S. President Donald Trump has hailed a deal led by U.S. firm BlackRock to buy most of the $22.8 billion ports business of Hong Kong conglomerate CK Hutchison which includes assets along the Panama Canal.

Por Chris Isidore, CNN El gigante estadounidense de gestión de activos BlackRock acordó comprar dos puertos en ambos extremos del canal de Panamá a una empresa con sede en Hong Kong cuya propiedad hab

President Donald Trump cited BlackRock's Tuesday deal to acquire Panama Canal ports as part of his administration's broader effort to "reclaim" the crucial waterway.

The agreement will give a BlackRock consortium a majority stake in two terminal ports. Trump has said he wants the trade route under US control.

US President Donald Trump, who had raised concerns over control of key ports near the Panama Canal.The world’s biggest asset manager led a consortium that will buy a controlling stake in Panama ports that had become a political lightning rod and a larger unit that has operations across 23 countries.

The $23 billion deal, announced by Hong Kong-based CK Hutchison Holdings, transfers control of the Balboa and Cristobal ports to a consortium led by BlackRock, Global Infrastructu

Pressure from President Trump led Hong Kong-based CK Hutchinson to sell Panama Canal ports to BlackRock. Goldman Sachs brokered the deal.

FILE PHOTO: A ship sails through the Panama Canal after Hong Kong's CK Hutchison agreed to sell its interests in a key Panama Canal port operator to a BlackRock Inc-backed consortium, amid pressure from U.S. President Donald Trump to curb China's influence in the region, Panama City, Panama, March 4, 2025. REUTERS/Enea Lebrun/File Photo

An investor group backed by BlackRock agreed to buy a majority stake in the Hong Kong subsidiary that runs ports along either side of the Panama Canal, giving a U.S. firm control of key docks amid pressure from the White House to take them from China.