PHOENIX (AP) — Donald Trump suggested Sunday that his new administration could try to regain control of the Panama Canal that the United States “foolishly” ceded to its Central American ally, contending that shippers are charged “ridiculous” fees to pass through the vital transportation channel linking the Atlantic and Pacific Oceans.

In a pair of Truth Social posts on Saturday night, Trump used his pending bully pulpit to claim that Panama was charging “exorbitant” and “ridiculous” fees for the U.S.

In an angry rebuke, Panamanian President José Raúl Mulino says “every square meter” of the waterway belongs to Panamanians.