I put this rabbit-hole research I did in the Panama Canal thread, but it probably goes here as general info.
So doing some research further on Blackrock buying the ports on both sides of the Panama Canal, it bought a 90% stake of CK Hutchinson's global port portfolio. This is somewhat important, if not immediately obvious with its implications. Blackrock has made investments in Chinese companies via its funds AND partnerships in Hong Kong and mainland China. They also have funds that focus on equities of Chinese companies.
The timeline is interesting. Trump talks about the Panama Canal being "repatriated" and is talking about tariffs. Blackrock has Chinese investments and buys not just these Panama ports from a Chinese company but also others around the globe CK has. The negotiations between Blackrock and CK Hutchinson BEGAN in 2025. That's rocket fast. While the deal is still going through due diligence and terms are being finalized, its being touted by Trump as an America first purchase. Except it isn't. Blackrock isn't really American, it's an international, global corporation. It could be argued that this is a pro-China protectionist move.
IMO, Blackrock has done this to enable it to keep its investments in other corporations shielded as much as possible from tariffs, as well as controlling the international supply chain, and has done it under Trump's approval and sold to the US as a pro-American move. This is the same underlying methodology that they have with respect to Ukraine. Blackrock will now potentially have access to the control of free trade zones and the ability to raise prices on port entry costs as they see fit. And this is a company that has fully signed on to the WEF and ESG agendas.
This isn't the America First move it is touted to be. All that occurred was a Chinese company that owns the ports was bought by a company that has a vested interest in keeping its Chinese investments profitable as they move goods around the world. China is still defacto controlling or at least influencing the Panama Canal.
Globalism via corporatism is alive and well.