The Panamanian president has rejected threats by US President-elect Donald Trump that the United States could reassert control over the Panama Canal, saying “there’s nothing to talk about.” President Jose Raul Mulino on Thursday also rejected the possibility of reducing canal tolls for US vessels and denied that China had any influence over the vital waterway connecting the Atlantic and Pacific oceans.

The canal, which was completed in 1914, was constructed by the United States and handed over to Panama on December 31, 1999, according to treaties signed approximately twenty years earlier

Panamanian President Jose Raul Mulino on Thursday ruled out negotiations with Donald Trump over control of the Panama Canal, which the US president-elect threatened to demand be returned to Washington.