U.S. investment bank JPMorgan has downgraded its recommendation on Panama's bonds after U.S. President Donald Trump ramped up his threat this week to take back the Panama canal.

U.S. President Donald Trump’s insistence that he wants to have the Panama Canal back under U.S. control is feeding nationalist sentiment and worry in Panama, home to the critical trade route and a country familiar with U.

More than 100 years after the construction of the engineering marvel that linked the Atlantic and Pacific oceans — and 25 years after the canal was returned to Panama by the US — the Panama Canal faces renewed intimidation from US President Donald Trump.