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Panama pledges to end key canal deal with China, work with US after Rubio visit

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Panama pledges to end key canal deal with China, work with US after Rubio visit

Panama’s president vowed Sunday to end a key development deal with China after meeting with Secretary of State Marco Rubio and after complaints from President Donald Trump that the Latin American country had ceded control over its critical shipping canal to Beijing.

José Raúl Mulino, Panama’s president, said his nation’s sovereignty over the 51-mile waterway, which connects the Pacific Ocean and the Caribbean Sea, will remain unchanged. But he said he would not renew a 2017 memorandum of understanding to join China’s Belt and Road global development initiative and that Panama would instead look to work more closely with the U.S.

“I think this visit opens the door to build new relations … and try to increase as much as possible U.S. investments in Panama,” Mulino told reporters after meeting with Rubio on his first international trip since being confirmed.

Rubio, who was a senator representing Florida before Trump tapped him to be America’s top diplomat, said his team is ready to push the U.S. agenda.

‘TAKING IT BACK’: INTERNAL HOUSE GOP MEMO OUTLINES CASE FOR TRUMP TO Y PANAMA CANAL

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“Had the pleasure of meeting the incredible @USEmbPAN team during my first embassy meet and greet in my new role as Secretary of State!” Rubio wrote in a post on X. “Thankful for their dedication and ongoing efforts to promoting President Trump’s vision of an America First foreign policy.”

During his visit, Rubio wrote in a post on X that “the United States cannot, and will not, allow the Chinese Communist Party to continue with its effective and growing control over the Panama Canal area.” 

Trump has complained that China exerts control over the canal and charges U.S. ships six-figure premiums to cross Panama’s isthmus. The canal was built over several decades by the U.S. and completed in 1914 but handed over to Panama during the Carter administration.

Trump has made regaining ownership of the Panama Canal a priority in his administration. House Republicans introduced a bill for the United States to repurchase the Panama Canal after Trump raised concerns that the critical waterway is under Chinese control. 

The bill, named the Panama Canal Repurchase Act, was introduced by Rep. Dusty Johnson, R-S.D., a member of the Select Committee on China and the House Transportation and Infrastructure Committee.

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“President Trump is right to consider repurchasing the Panama Canal,” Johnson said in a statement. “China’s interest in and presence around the canal is a cause for concern. America must project strength abroad – owning and operating the Panama Canal might be an important step towards a stronger America and a more secure globe.”

HOUSE REPUBLICANS INTRODUCE BILL TO REPURCHASE PANAMA CANAL AFTER TRUMP RAISES CONCERNS OF CHINESE CONTROL

Panama announced it won’t renew the Belt and Road Initiative with China after Secretary of State Marco Rubio visited the country. (Reuters)

If it becomes law, the bill would give the president authority to act in coordination with the secretary of state to “initiate and conduct negotiations with appropriate counterparts of the Government of the Republic of Panama to reacquire the Panama Canal.”

CHINA’S INFLUENCE ON PANAMA CANAL POSES ‘ACUTE RISKS TO US NATIONAL SECURITY,’ SEN CRUZ WARNS

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President Donald Trump has expressed concern that the Panama Canal is being controlled by China. (Getty Images)

The U.S. Department of State estimates around 72% of all vessels that travel through the Panama Canal are coming from or going to a U.S. port.

Noting the canal’s strategic importance to the United States, Johnson’s office also noted how the waterway is a key transit point for U.S. Coast Guard and Department of Defense vessels. 

 

Without access to the canal, ships would be forced to travel 8,000 additional miles around South America. 

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“More than 10,000 ships use the Panama Canal each year, generating billions of dollars of tolls which would economically benefit America,” Johnson’s office said.

While the canal and China’s role in the region topped the agenda, Rubio had other items to raise.

“We also discussed efforts to end the hemisphere’s mass migration crisis and ensure fair competition for U.S. firms,” Rubio added.  

Fox News Digital reached out to the State Department but did not immediately receive a response.

Fox News Digital’s Danielle Wallace contributed to this report.

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Stepheny Price is writer for Fox News Digital and Fox Business. Story tips and ideas can be sent to stepheny.price@fox.com

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Meta slashes 8,000 jobs, or 10% of its workforce, as Microsoft offers buyouts

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Meta slashes 8,000 jobs, or 10% of its workforce, as Microsoft offers buyouts

Meta is laying off about 8,000 workers, or about 10% of its workforce, the company said Thursday as it continues to ramp up spending on artificial intelligence infrastructure and highly paid AI-expert hires.

The company said it was making the cuts for the sake of efficiency and to allow new investments in parts of its business, as first reported by Bloomberg, which also said the company will leave about 6,000 jobs unfilled.

Also Thursday, Microsoft said it was offering voluntary buyouts to thousands of its U.S. employees.

The software giant plans to make the offers in early May to about 8,750 people, or 7% of its U.S. workforce, according to two people familiar with the plan who were not authorized to speak about it publicly.

While an alternative to the sudden layoffs removing tech workers from peers like Meta and Oracle, the savings are likely tied to a similar industry upheaval that is requiring huge spending on the costs of artificial intelligence. Meta has already warned investors that its 2026 expenses will grow significantly — to the range of $162 billion to $169 billion — driven by infrastructure costs and employee compensation, particularly for the artificial intelligence experts it’s been hiring at eye-popping pay levels.

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Wedbush analyst Dan Ives welcomed Meta’s cuts in a note to investors Thursday.

He said he sees it as part of a strategy of using AI tools to “automate tasks that once required large teams, allowing the company to streamline operations and reduce costs while maintaining productivity driving an increased need for a leaner operating structure.”

Microsoft, based in Redmond, Washington, has spent billions of dollars operating an ever-expanding global network of data centers powering cloud computing services, AI systems and its own suite of productivity tools, including the AI assistant Copilot.

CNBC reported earlier Thursday on a memo from Microsoft’s chief people officer, Amy Coleman, announcing the voluntary retirement plan.

“Our hope is that this program gives those eligible the choice to take that next step on their own terms, with generous company support,” Coleman wrote, according to CNBC.

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Iran escalates Hormuz ‘tit-for-tat,’ seizes ship tied to billionaire close to Trump, Macron

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Iran escalates Hormuz ‘tit-for-tat,’ seizes ship tied to billionaire close to Trump, Macron

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Tensions escalated in the Strait of Hormuz April 22 after Iran’s IRGC seized two vessels in what analysts describe as “tit-for-tat” retaliation against the U.S. And one ship is linked to a billionaire shipping family tied to Presidents Donald Trump and Emmanuel Macron.

Video aired on Iranian state TV purportedly shows IRGC soldiers seizing the container ships in the Strait, Reuters said Thursday.

One vessel, the MSC Francesca, is owned by MSC Mediterranean Shipping Company, which was founded by Italian billionaire Gianluigi Aponte and is now controlled by his two children, Fox News Digital has learned.

“Some 20 Iranians armed to the teeth stormed the ship. Sailors are under Iranian control, their movements on the ship are limited but the Iranians are treating them well,” a relative of one of the MSC Francesca seafarers told Reuters.

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TRUMP’S SPECIAL ENVOY WITKOFF AND KUSHNER VISIT US AIRCRAFT CARRIER AMID IRAN TENSIONS, TALKS

Soldiers take part in the seizure of the container ships MSC Francesca and Epaminondas in the Strait of Hormuz, according to footage broadcast on Iranian state TV and released April 22, 2026. (IRIB/Handout/Reuters)

“The ship is anchored 9 nautical miles from the Iranian coast. Negotiations between MSC and Iran are ongoing, our sailors are fine,” Montenegro’s minister of maritime affairs, Filip Radulovic, told state broadcaster RTCG.

Maritime intelligence firm Windward AI pointed to IRGC “tit-for-tat” tactics given the recent MSC vessel seizure.

This followed a U.S. naval blockade imposed on April 13, with Tehran warning of retaliation after U.S. forces also seized an Iranian vessel.

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“The IRGC attacked three ships. It also captured and took in two of them — the MSC Francesca and the Epaminondas — while the Euphoria managed to get away,” Windward AI co-founder Ami Daniel told Fox News Digital.

IRAN FIRES LIVE MISSILES INTO STRAIT OF HORMUZ AS TRUMP ENVOYS ARRIVE FOR NUCLEAR TALKS

Soldiers take part in the operation seizing the container ships MSC Francesca and Epaminondas in the Strait of Hormuz, according to Iranian state TV April 22, 2026. (IRIB/Handout/Reuters)

“This is a ‘tit-for-tat’ exercise by the IRGC, which, along with the Houthis, has long claimed MSC is connected to Israel.

“Aponte, owner and chairman, has a Jewish wife, and MSC calls in Israel; however, so do all major liners.”

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Diego Aponte, Gianluigi’s son, had been making “inroads with Trump’s circle,” Bloomberg reported April 13.

He also helped arrange a November 2025 White House meeting with Swiss business leaders that led to a preliminary deal to reduce the 39% tariffs imposed on Switzerland over the summer.

BLOCKADE 101: AMERICAN SEA POWER ON DISPLAY AS TRUMP CORNERS IRAN AND WARNS OFF CHINA

The MSC executive chairman has been photographed with French President Emmanuel Macron. (Reuters/Stephane Mahe)

Over the last year, MSC’s relationship with the White House also positioned father Gianluigi Aponte as a key player in a $19 billion deal with Li Ka-shing, as MSC and BlackRock moved to acquire two Panama Canal ports under pressure from Trump to place them in “friendly” hands, according to the outlet.

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With a net worth of at least $37 billion, according to the Bloomberg Billionaires Index, it is Gianluigi Aponte and his wife, Rafaela Aponte-Diamant, who appear to mingle with world leaders.

The MSC executive chairman and Rafaela have been photographed with French President Emmanuel Macron.

GULF SHIPPING OPERATIONS GRIND TO HALT NEAR IRAN; US QUIETLY PREPARES FOR POSSIBLE STRIKE: ‘HEIGHTENED RISK’

The Panama-flagged MSC Francesca vessel docked in Long Beach, Calif., April 16, 2025. (Efrain Morales/Reuters)

Rafaela is also reportedly related to Alexis Kohler (his mother is said to be her cousin), who served as Macron’s secretary-general from May 2017 to April 14, 2025, and was described as “Macron’s second brain.”

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The Aponte family’s vessel, carrying about 40 crew members, was taken toward Iran’s port of Bandar Abbas by the Iranian navy, sources told Reuters Thursday.

Four crew members, including the captain, are from Montenegro, officials said, while Croatia’s foreign ministry confirmed two Croatian nationals are also aboard.

MSC declined to comment, Reuters confirmed.

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The IRGC Navy claimed both vessels captured “were operating without the necessary permits.”

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According to Lloyd’s List, the 2008-built MSC Francesca “normally operates in service between the U.S. West Coast, Asia and the Middle East Gulf.”

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US professors sue university over arrest during pro-Palestine protest

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US professors sue university over arrest during pro-Palestine protest

Three professors at Atlanta’s Emory University in the United States have filed a lawsuit over their arrests during a 2024 campus protest over Israel’s genocidal war on Gaza.

Their lawsuit on Thursday argued that the university broke its own free-speech policies when it called in police and state troopers to aggressively disband the protest, making 28 arrests.

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“The judicial system would find that Emory failed to protect its students, to protect its staff, to protect the educational mission of the university,” said philosophy professor Noelle McAfee, one of the plaintiffs.

“So this isn’t just about people’s individual rights. It’s our educational mission to train people in free and critical inquiry, to be able to learn how to engage with others, to be fearless.”

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Laura Diamond, a spokesperson for Emory, responded that the university believes “this lawsuit is without merit”.

“Emory acts appropriately and responsibly to keep our community safe from threats of harm,” Diamond said in a statement. “We regret this issue is being litigated, but we have confidence in the legal process.”

The suit is just one example of how the nationwide wave of protests from 2023 and 2024 continues to reverberate on elite campuses.

There have been multiple instances where students and faculty have filed lawsuits against universities, arguing they were discriminated against because of the protests.

But the Emory suit is unusual. McAfee and her fellow plaintiffs — English and Indigenous studies professor Emilio Del Valle-Escalante and economics professor Caroline Fohlin — all remain tenured faculty members. None were convicted of any charges.

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The civil lawsuit in DeKalb County State Court demands that the private university repay money the three spent defending themselves against misdemeanour charges that were later dismissed, along with punitive damages.

McAfee said she’s suing her employer “to try to get them to be accountable and to change”.

All three say they were observers on April 25, 2024, when some students and others set up tents on the university’s main quad to protest the war. They say Emory broke its own policies by calling in Atlanta police and Georgia state troopers without seeking alternatives.

McAfee was charged with disorderly conduct after she said she yelled “Stop!” at an officer roughly arresting a protester. Del Valle-Escalante said he was trying to help an older woman when he was arrested and charged with disorderly conduct.

Fohlin said that, when she protested against officers pinning a protester to the ground, she herself was thrown face-first to the ground and arrested, suffering a concussion and a spine injury. Fohlin was charged with misdemeanour battery of an officer.

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Emory claimed that those arrested that day were outsiders who trespassed on school property. But 20 of the 28 people arrested were affiliated with the university.

The professors said that, after their arrests, they were targeted by threats and harassment, part of a pushback by conservatives who said universities were failing to protect Jewish students from anti-Semitism and allowing lawlessness.

Nationwide, however, advocates say there is a “Palestine exception” in which universities are willing to curb pro-Palestine speech and protest. Palestine Legal, a legal aid group supporting such speech, said Tuesday that it received 300 percent more legal requests in 2025 than its annual average before 2023, mostly from college students and faculty.

McAfee served as president of the Emory University Senate after her arrest. The body makes policy recommendations and has helped draft the university’s open expression policy.

She said she asked then-President Gregory Fenves in fall 2024 why Emory police weren’t dropping the charges against her and others. McAfee said Fenves told her that he wanted “to see justice”.

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The open expression policy was revised after 2024 to clearly prohibit tents, camping, the occupation of university buildings and demonstrations between midnight and 7am.

Whatever the policy, McAfee said students are afraid to protest at Emory, saying the university has turned its back on what Atlanta civil rights icon John Lewis called “good trouble”.

“Students know right now that any trouble is not going to be good trouble at Emory, that they could get arrested,” she said. “So students are afraid.”

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