The Panama Canal: What the 1999 Agreement Means and How Business Is Managed Today
US President Donald Trump threatened to “take back” the Panama Canal during his inauguration speech. Built at the beginning of the 20th century, the waterway is a major sea trade route. The U.S. relinquished control in 1999 with an agreement that obliges the operator to load vessels fairly. We’ll take a closer look at the economics behind the channel. Moreover, Donald Trump promises to significantly change US trade policy with tariffs. But do these taxes protect local jobs and people?
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