Mulvaney on Trump, Panama Canal: It’s a negotiation

Former White House chief of staff Mick Mulvaney said on Monday that President-elect Trump's recent provocations about the U.S. possibly retaking control of the Panama Canal are part of a negotiating tactic to get the rates down.

Mulvaney added, however, that Trump has leverage in the negotiating process because he makes “credible” threats.

“This is a negotiation,” Mulvaney said on NewsNation’s “The Hill” about Trump’s recent Panama remarks, adding, “By the way, one of the reasons...