Why the Panama Canal is a big, long-term prize in Trump's global trade war (1 Viewer)

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    Lori Ann LaRocco, CNBC

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    The Panama Canal has spent the past few years battling extreme weather, with the El Niño phenomenon and severe drought leading to a water-level crisis. Now, it's President Trump's trade war that is threatening the global trade gateway. A critical passage for U.S. East Coast bound ocean freight container traffic, the Panama Canal is facing a potential business slump as a result of Trump's China tariffs and a rapid decline in manufactured goods being ordered by U.S. shippers.

    Forty percent of all U.S. container traffic travels through the Panama Canal...

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