Trump dubs giving away Panama canal 'stupid mistake', tries to deflect from Hormuz mess

With Iran now dictating terms on the Strait of Hormuz, U.S. President Donald Trump seemingly tried to deflect attention. Claiming that China is trying to seize control of the Panama canal, he slammed the 1977 decision of U.S. to cede control of this strategic waterway to the local government. The Panama canal is of vital importance for America as 40% of U.S. container traffic passes through it.