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Home » News » News » Trump Celebrates Sale of Panama Canal to BlackRock, a Conglomerate Known for Pushing DEI and Climate Agendas, and Partnering with the World Economic Forum
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Trump Celebrates Sale of Panama Canal to BlackRock, a Conglomerate Known for Pushing DEI and Climate Agendas, and Partnering with the World Economic Forum

Seamus OthotBy Seamus OthotMarch 10, 2025Updated:March 10, 202523 Comments4 Mins Read2K Views
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President Donald Trump celebrated the return of the Panama Canal to U.S. control during his State of the Union speech last week, but failed to mention that the company taking over the canal is BlackRock, known for pushing far-left agendas and partnering with the World Economic Forum (WEF).

[RELATED: BlackRock Employee Caught on Tape Bragging About How the Company Can “Run the World”…]

“Just today a large American company announced they are buying both ports around the Panama Canal, and lots of other things having to do with the Panama Canal,” said President Trump during his Tuesday address to Congress.

Trump brags that a “large American company” has bought up the ports surrounding the Panama Canal.

That company is Blackrock, the shady investment firm that already controls 10% of the world’s total assets.pic.twitter.com/YsuFyAfRgA

— Wyatt Reed (@wyattreed13) March 5, 2025

Trump has made clear on multiple occasions that it is one of his goals to return the Panama Canal to U.S. control, arguing that it should never have been given away in the first place, and expressing concern over increasing Chinese influence over the American-made canal.

BlackRock, the world’s largest asset manager, managing $11.6 trillion worth of assets—larger than the GDP of every country except China and the U.S.—announced a $22.8 billion deal to purchase two major ports on the Panama Canal from the Hong Kong-based CK Hutchison Holdings.

According to the Financial Times, BlackRock, along with Global Infrastructure Partners and Terminal Investment Limited, will acquire a 90 percent stake in the subsidiary of Hutchison Holdings responsible for the canals, the Panama Ports Company.

The massive deal does not just give BlackRock control of the Panama Canal ports. The deal also includes an 80 percent stake in the entirety of Hutchison Port Holdings, the subsidiary that controls 43 ports in 23 countries.

The Financial Times cited unnamed sources familiar with the matter who claimed that BlackRock CEO Larry Fink briefed Trump on the deal and secured his approval before it was formalized.

While the deal may remove Chinese influence over the canal and replace it with an American company, it further increases BlackRock’s control over global assets.

Many conservatives and members of the MAGA movement consider BlackRock to be a far-left force in favor of the WEF’s agenda, encapsulated in now-infamous quote “You’ll own nothing, and you’ll be happy.” The company is listed as a partner of the WEF.

The firm has recently shifted away from their radical Diversity, Equity, and Inclusion (DEI) policies, as Trump’s victory suggested that Americans are tired of race, sex, and sexual orientation-based hiring practices and messaging. Despite this recent shift, BlackRock has long been a proponent of radical DEI and left-wing climate goals, and has worked to pressure other companies to adhere to those principles.

“You have to force behaviors, and at BlackRock we are forcing behaviors,” said Fink in 2017, “54% of the incoming class [at BlackRock] are women. We added four more points in terms of diverse employment this year.”

[RELATED: Flashback: BlackRock CEO Says Investment Firm Forces Companies to Change Behavior on Diversity with Threats of Impacts to Compensation…]

The company has historically used Environmental, Social, and Governance (ESG) standards for investing, which prioritize investments based on factors like diversity and climate goals rather than profits, to force compliance with their agenda.

In 2023, an undercover journalist with the O’Keefe Media Group caught a BlackRock recruiter on camera who claims that BlackRock controls American politics from the shadows and profits off of the ongoing war in Ukraine.

“You can take this big fuckton of money and buy people, I work for a company called Black Rock… It’s not who is the president it’s who is controlling the wallet of the president,” said BlackRock Recruiter Serge Varlay

“You could buy your candidates. First, there is the senators [sic] these guys are fuckin cheap. Got 10 grand you can buy a senator. I’ll give you 500k right now. It doesn’t matter who wins, they’re in my pocket,” he added.

BREAKING: @BlackRock Recruiter Who “Decides People’s Fate” Spills Info on Company’s World Impact

“It’s not who the president is- it’s who’s controlling the wallet of the president”

“You got $10K? You can buy a senator"

“War is real f***ing good for business” #BlackRockExposed pic.twitter.com/DZIy1DuZKF

— James O'Keefe (@JamesOKeefeIII) June 20, 2023

The recruiter claimed that the massive corporation was able to “run the world” with anonymity because “normal people don’t give a s*&t” about their activities.

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Seamus Othot

Seamus Othot is a reporter for The Maine Wire. He grew up in New Hampshire, and graduated from The Thomas More College of Liberal Arts, where he was able to spend his time reading the great works of Western Civilization. He can be reached at [email protected]

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Rev Kev
Rev Kev
1 year ago

This is a global fascist entity, not an American company. The sale should be blocked. Larry Fink has no allegiance to a nation. His is a nation.

8
Lowell
Lowell
1 year ago

In the words of Ron Paul, “Voting for the better of two evils is still evil”.

11
Bob
Bob
1 year ago

Well, that’s fantastic news, I mean if you can’t trust BlackRock, who can you trust?……..he said in a sarcastic manner.

6
sandy
sandy
1 year ago

Maybe Janet is one of them and maybe the Pope and maybe…….

5
CLAYTON DAN MCKAY
CLAYTON DAN MCKAY
1 year ago

Closer to home, BlackRock with partner Morgan and Stanley have purchased the Portland Natural Gas Transmission Pipeline.

3
2030 comin quick
2030 comin quick
1 year ago

uncle joe or daddy trump… 2 guys of the same trust fund family, but your dad calls your uncle, uncle touchy; and they both plan on spending your trust! dad will throw u a bone once in a while tho…. fear the unifier… standby for a unifying event!

-11
Darby Heavey
Darby Heavey
1 year ago

This is a good move- surprised it happened so quickly. Scott Besset influence I bet.

0
Bill in Bangor
Bill in Bangor
1 year ago

I completely divested from any fund associated with Blackrock after I learned about the appropriately named CEO Larry Fink’s activism. If Blackrock controls the Panama Canal now it’s nothing to celebrate.

8
Paul Berube
Paul Berube
1 year ago

Glad we got more control of Panama Canal, but big mistake having BlackRock do it. More influence by leftists!

12
Waldo Otto
Waldo Otto
1 year ago

He needs to push back against utilities like Eversource Energy. They supported a movie for children to teach them to transition. Plus the execs are making millions while homeowners are hurting.

3
Craig
Craig
1 year ago

This “normal person” cares about who “controls & runs the world” ! F them!
My money goes yo as many small family run businesses & farms for my own food as possible ! That’s how you control the globalists, don’t buy or put your hard earned money into their
s h I t .
No fink!

2
DamDoc
DamDoc
1 year ago

At least they are not China.

3
Semperfi75
Semperfi75
1 year ago

I don’t like it either, but we can control BlackRock easier than we can China ultimately!

6
Despicable Maine
Despicable Maine
1 year ago

The Zion Don is just doing what he is supposed to.

1
Gardiner Schneider
Gardiner Schneider
1 year ago

I think that Amerca has a lot more control over the Panama Canal with Black Rock in charge of it than with Communist Red China in charge of it. A Demorcrat president should never have given up control of the canal that our Country built at great expense of gold and lives. Having Black Rock in charge is certainly better than starting a hot war with Panama/China to regain control.

4
Jesus Murphy
Jesus Murphy
1 year ago

Just when I thought ole DJ Turmp was figuring things out, the friggin’ idiot does something like this. Crony capitalism at it’s apogee.

-3
Jesus Murphy
Jesus Murphy
1 year ago

There are also over one million mortgages in the US that are delinquent. Once DOGE figures out the government is paying their mortgages they will be cut off and bought out by BlackRock. Mark my words.

0
Tim
Tim
1 year ago

“CEO Larry Fink briefed Trump on the deal and secured his approval before it was formalized.”
Since when does any POTUS have power to OK private negotiations ?

1
Larry Jeffries
Larry Jeffries
1 year ago

Better Black Rock than China. BR will blow with the political wind, like most big corporations. These guys don’t really believe in DEI, ESG and all the other woke crap.

1
John M
John M
1 year ago

Is down here in Pennsylvania and my Buddy overseas in Cyprus says it’s down there too.

0
John M
John M
1 year ago

X is down overseas too

0
EdP184
EdP184
1 year ago

Shows us how ignorant Trump is about a lot of very important things…

-2
Jesus Murphy
Jesus Murphy
1 year ago

Fink invented DEI. DEI originated in the corporate/banking world with a**holes like FInk and Buffett. The woke left are just useful idiots to them. Wake up and realize that all this left/right garbage is just surface level crap to keep us all fighting amongst ourselves and never put the blame where it truly lies. Fink loves the Chinese social credit score model… he is on record saying it.

0
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