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.

The answer is simple: there is no greater or more idealistic symbol of U.S. power in the world than the Panama Canal. As Trump seeks a way to enhance the country's power in the world, leaning on imagery regarding the Panama Canal provides just the right message.

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.

In recent weeks, when he was President-elect Donald Trump publicly said that Panama should return the Panama Canal to the United States, and he would not rule out using military force to reclaim it. At his presidential Inauguration on Monday Trump doubled down on saying that his new administration was going to take back the canal.

Russia warned President Trump on Tuesday against seizing the Panama Canal, after he reiterated his intent to take control of the strategic waterway in his second inaugural address Monday.

They say they fought too hard to wrest it from the U.S. to now hand back the waterway, which is part of the nation’s identity.

Fox News chief national security correspondent Jennifer Griffin shares a closer look at the growing geopolitical conversation around the Panama Canal on ‘Special Report.’