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Panamanian control over canal no threat
AlArabiya English
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1 year ago
#usa
#panamacanal
The Panama Canal is available to US shipping and there is no economic risk to the US with Panama’s control over the canal, former Assistant Secretary of State PJ Crowley says.
#USA #Panamacanal
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00:00
We've heard from President-elect Trump saying we need the Panama Canal for economic security.
00:07
Why does he need it?
00:08
Well, I mean, the short answer is the Panama Canal is available to American shipping.
00:15
Rates have gone up.
00:16
There are some issues surrounding the canal and drought, which has impacted Panama.
00:23
But sitting here, there's no reason to believe that a Panama Canal under Panamanian control
00:33
poses an economic risk to the United States.
00:37
It really doesn't.
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