Why Panama

Panama -Canal has spent the last few years fighting extreme weather ‘ Strong drought leading to a crisis at water level. Now it is President Trump’s trade war that threatens the world trading gateway. Panama -Canal, who is within the American, critical passage for American -related ocean freight, faces potential spanya Derivatives were ordered American shippers.

Forty percent of all US container movements travel through the Panaman channel every year, and throughout, $ 270 billion in load annually. The US and China are the leading users of Panama Chanal, and its role in world shipping has increased in recent years due to the violation of global supply networks. Last year, the Panama Chanali administration revenue reached $ 3.38 billion, despite the drought, and the profit increased every year since 2017.

Uncertainty in the Trade War and 145% of Trump’s tariffs for Chinese goods – which will start to enter the goods arriving from China, on May 27, on the basis of four -sets of weeks, which is required for ocean freaks to reach the US from Asia – already led to a large -scale pause for US imports. According to Project Project Intelligence Chanue Skist44, there was an increase of 300% blank swimming (canceled cargo vessels) from China to the US since the so -called “release” on April 2.

Ports of the west coast in the USA Already suffered already The impact on the east coast is expected to increase, and rollback in the courts as a result of reducing production orders for Chinese factories: fewer products made in smaller numbers for ocean carriers.

For the East Coast of Asia to North America, the marine intelligence has recorded the cumulative capacity of 261 822 twenty feet equivalent units (thesis) over the last six weeks. This decrease in containers and vessels can affect the Panama income. Panama -Canal earns its money from the number of transit vessels and containers moving along the waterway.

“Because almost 75% of our cargo goes to the US, any recession worldwide or in the US will somehow affect Panama -Canal, “said Boris Marena, Vice -President on Operations on the Panama Channel. “That’s for sure.”

According to the US Society of Civil Engineers, one of the “seven wonders of the modern world”, the channel has been a lightning bolt for disputes in recent years in the fight for the global rule between the US and China. Trump claims that the canal key ports are controlled by China and threatens to restore control of the channel, accusing Panama of collecting excessive rates. China, along with the Panama government, denied these claims.

In recent months, Secretary of State Mark Rubio and Defense Secretary Pitt Hugset visited the Ponaman governments.

“I think Panama has approached the last five years and closer to China and aside from the US, “Federal Maritime Commissioner Luis Solo said in an interview with CNBC Early this year. “I have seen China and Brazil take $ 20 billion with direct contracts. We definitely need to play the game at least.”

Ricaur Vasquez, the Panama Chanal Administrator, tells CNBC, which is the world’s largest economy in the world.

“Everything said in Washington has consequences,” said Vaskes. “We try to remain cool, calm and assembled.”

He added: “It is not true that we are run by Chinese. It is not true, we distinguish rates. It is not true that 38,000 people die during the construction of the Panama Canal. Everyone who wants to swim through the Panama Channel. And we are open to the world. This is a neutrality agreement.”

In March, an investment group led by an American firm BlackRock announced that this is the case trying to buy two ports at any end of the channelAs well as about 40 others from Hong Kong based on CK Hutchison. Result The deal remains incomprehensible.

Watch the video Above to find out more about the Panama Channel’s business and why President Trump focuses on this.