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.

President-elect Donald Trump over the weekend suggested the US should retake the Panama Canal, an idea that was immediately rejected by the government of Panama, which has controlled the passage for decades.

The president-elect spoke admiringly of former President William McKknley, for whom Alaska's highest peak was named in 1896. It was renamed in 2015.

Trump said on Sunday that President William McKinley should have his name restored to the mountain peak because he "deserves it."