Business Standard
The US on Thursday voiced concerns about over detentions of Panama-flagged vessels by China saying such "bullying" destabilises supply chains, raises costs and erodes confidence in the global trading system. "The United States stands with Panama against any retaliatory actions against its sovereignty and will always support our partners in the face of bullying," Secretary of State Marco Rubio said in a post on X. "The United States stands firmly with Panama and looks forward to increasing our economic and security cooperation with this important partner," the Department of State said in a statement. The statement came after China reportedly detained Panama-flagged ships for inspections at Chinese ports. US President Donald Trump is scheduled to visit China on May 14-15. China's action came in the wake of Panama cancelling contracts of Hong Kong-based C K Hutchison to operate two port terminals near the Panama Canal on direction of the Supreme Court and transferred interim operatio
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