So "you give me your wallet or maybe I will punch you" doesn't involve force, you are just choosing to give me your wallet?
You are skipping the key question he is posing to you. What gives us the right to threaten Panama for how they choose to operate their canal? Freedom for the USA but not for them?
You confuse leverage with force.
Scientifically, you can produce more results with less force if you have adequate leverage. The longer the lever, the less force is needed.
In politics, it's called negotiating from a position of strength.
Panama wasn't forced. They weighed their options, evaluated the cost and benefit of each, and CHOSE the option they think is in their best interest.
it's no different than the price of gas skyrocketing. You can either continue consumption at the same level and pay more, or you can get an EV or hybrid, or you can simply use alternate forms of conveyance (i.e. public transportation) to avoid the increase in gas prices.
Nobody is forcing you out of your fossil fuel burning vehicle. You're just reevaluating your options given a change in circumstances.