The article discusses Trump's recent assertion of intent to regain control of the Panama Canal, prompting military planning. His comments coincide with BlackRock's acquisition of two ports near the canal, reflecting a strategy of utilizing corporate interests to expand U.S. power amidst geopolitical tensions, particularly against China. The move signifies broader trends, where finance and military power are intertwined in promoting U.S. dominance globally, leveraging corporate actions to achieve governmental ambitions regarding U.S. infrastructure and resources.
For Trump, the Panama Canal has become a flashpoint for the assertion of U.S. power as he escalates geopolitical pressure on China.
BlackRock is the world's largest asset manager and the poster child of the post-2008 concentration of corporate ownership into the hands of a small group.
Trump's bullying campaigns will aim to pressure concessions that open up space for U.S. corporations to step in and capitalize, taking control over assets.
The plans range from increasing military partnership with Panama to forcefully seizing the canal.
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