Panama President Jose Raul Mulino said China has no stake in the Panama Canal and US warships pay the same toll rates as other nations, pushing back against Donald Trump’s threats over the key waterway.

Trump again having designs on Greenland comes after the president-elect suggested over the weekend that the U.S. could retake control of the Panama Canal if something isn't done to ease rising shipping costs required for using the waterway linking the Atlantic and Pacific oceans.