BlackRock has secured major port infrastructure on both sides of the Panama Canal with a $22.8 billion deal from Hong Kong-based CK Hutchison Holdings in the acquisition of the High Stakes, which controls one of the world's most important trade routes.
As Reuters reported,
The contract with the BlackRock-led consortium includes 90% of the Panama Port Company, which has operated the Port of Balboa and Cristobal at both ends of the canal for over 20 years, CK Hutchison said.
This effectively shifts control of these strategic gateways from Chinese ownership to the world's most powerful private asset managers.
The BlackRock consortium includes Terminal Investment (TIL) and Global Infrastructure Partners (GIP).
A Swiss-based terminal operator, Til controls ports around the world. These include Rotterdam, Singapore and Los Angeles. A New York-based investment company, GIP specializes in energy, transportation and infrastructure assets. Manages billions of important global projects.
Together, they control the flow of trade through one of the most important choke points in the world.
BlackRock Chairman and CEO Larry Fink described the transaction as evidence of the company's ability to ensure high value investments from its clients, highlighting that these ports play an important role in global economic growth.
BlackRock has 43 additional ports in 23 countries included in the transaction, affecting global logistics that rival those of state-owned companies.
The parties settled on important terms and a final agreement was expected by April 2nd.
Trump: Are you starting to regain the canal?
President Donald Trump praised the deal in a union's speech on Tuesday, presenting it as a national security advancement.
From there he moved on to an historical account of the construction of the canal by the Americans. The president has approved the final transfer to Panama under the Carter Torijos Treaty. He left the audience and left to connect dots between past and present where actual “recovery” was not actually happening.
Trump did not provide details on whether “large American companies” have plans to transfer control of these ports to the US government. Neither Fink, TIL, GIP, nor representatives suggest that the transaction will bring the port back to the American hands.
Concerns about China's impact in Panama are valid. However, handing over to BlackRock is not useful in the US national interests.
On the contrary, the transaction shifts key global trade infrastructure into the hands of private investment companies that are not publicly accountable. It is under corporate management, not nationwide monitoring.
In all of Trump's story of “recovering” the canal, the only one who has earned real profit here is BlackRock.
Panama
Trump's rhetoric may have played well with his audience, but in Panama itself the response was less enthusiastic. Panama President Jose Raul Murino strongly rejected Trump's claim that his administration had “recovered” the canal. In a statement on X, Murino accused Trump of “single lies again” and called the claim a f-humiliation over Panama's sovereignty.
Panama claims to maintain full control of the canal. It claims that the sale of port operations to a US-based company is a business transaction, not a transfer of control to the US government.
BlackRock: Globalist Control Engine
BlackRock, the world's largest asset manager, manages over $10 trillion in global assets. It has more power than most national economies.
As the new Americans have broad coverage, BlackRock shapes government policies, central banks, and multinational corporations. It manipulates economic and political decisions to align with its broad globalist agenda.
Under Fink, the company promotes centralized financial management, digital currency, and ESG (environmental, social and/or governance) policies. These policies enhance ideological fit for businesses and governments.
BlackRock works closely with the World Economic Forum (WEF), the United Nations (here and here), and the central bank. Through these partnerships, it serves as the financial sector of the globalist agenda. Effectively, it promotes policies that weaken the sovereignty of the state and limit individual freedoms.
It also leads the push for central banks' digital currency (CBDC). This programmable money allows governments and financial elites to track, limit and control all transactions. If CBDC is implemented, there is financial autonomy, as you know it can be a relic of the past.
In the US, BlackRock's impact goes beyond investment and corporate policy. It directly shaped financial decisions with catastrophic consequences.
During Covid Pandemic, Larry Fink played a key role in US fiscal policy. In March 2020, at Trump's invitation, BlackRock took on an unprecedented role within the Federal Reserve. This intervention caused one of the biggest wealth transfers in modern history, enriching the corporate elite while smoking the middle class.
Who is the victory for?
By controlling ports, infrastructure and global logistics, BlackRock strengthens the grip of the arteries of global trade. This control facilitates compliance with the economic and political agenda. Those who manage trade routes, digital finance, and economic policy hold unparalleled leverage of government and population.
The privatization of BlackRock's major Panama Canal Port expands the scope of a bent corporate giant based on integrating global control. Instead of sovereign states shaping trade and economic policies, power shifts to the unelected financial Olihead. The elite is currently determining the terms of international commerce.
Trump's celebration of this deal ignores the true costs: the steady erosion of national sovereignty and economic self-determination. The story frames it as a strategic victory over China, but in reality it further cements the same globalist power structure that Trump once attacked.
For those who value national sovereignty, the free market and individual freedom, the acquisition of the Panama Canal in BlackRock is not a victory. That's a warning. Warnings that business management over global infrastructure is accelerating. It has the power to form policies that serve the interests of the elite at the expense of individual freedom.
Get the canal back!
Get the canal back!
Trump's expansionist plan
Click here to learn more about the Panama Canal, its history and its importance to America.