US President Donald Trump on Saturday, April 26, urged free transit for American commercial and military ships through the Panama and Suez canals, tasking his secretary of state with making progress "immediately."
Trump has for months been calling for the United States to take control of the Panama Canal but his social media post also shifted focus onto the vital Suez route. "American Ships, both Military and Commercial, should be allowed to travel, free of charge, through the Panama and Suez Canals!" he wrote on his Truth Social platform. He claimed both routes would "not exist" without the United States and said he had asked Secretary of State Marco Rubio to "immediately take care of" the situation.
Egypt's Suez Canal, a key waterway linking Europe and Asia, accounted for about 10% of global maritime trade before attacks by Yemen's Huthi rebels on shipping routes in the Red Sea and Gulf of Aden. The Iran-backed rebels began targeting vessels after the start of the Gaza war, claiming solidarity with Palestinians, forcing ships to take a long and costly detour around the southern tip of Africa.
Egypt said last year its canal revenues had plunged 60%, a loss of $7 billion.
The US military has been attacking Houthi positions since January 2024, but those assaults have intensified under Trump, with almost daily strikes in the past month. Trump has vowed that military action would continue until the Houthis are no longer a threat to shipping.