In a significant move influenced by U.S. political pressure, BlackRock has finalized a $23 billion deal to acquire two key ports on both sides of the Panama Canal from the Hong Kong-based company CK Hutchison. This transaction follows threats from former President Trump, who demanded that the ports be brought back under American control, labeling the original contract as unconstitutional. The ongoing geopolitical tensions between the U.S. and China have significantly impacted the sale, with Hutchison compelled to divest its holdings in the ports. The deal represents a win for Trump and a notable shift in control over strategic maritime assets.