BlackRock will not sign an agreement next week to buy two Panama ports from Hong Kong's CK Hutchison, as originally planned, a source tells Axios. Why it matters: President Trump touted this deal in his recent address to Congress,

Hong Kong billionaire Li Ka-shing is considering delaying the expected signing next week of a controversial deal to sell his Panama Canal ports to a consortium including BlackRock Inc., people with knowledge of the matter said.

Hong Kong's CK Hutchison will not sign a deal next week to sell its two port operations near the Panama Canal to a BlackRock-led group, two people with direct knowledge of the matter said, as pressure mounted from Beijing.