00:00We've heard from President-elect Trump saying we need the Panama Canal for economic security.
00:07Why does he need it?
00:08Well, I mean, the short answer is the Panama Canal is available to American shipping.
00:15Rates have gone up.
00:16There are some issues surrounding the canal and drought, which has impacted Panama.
00:23But sitting here, there's no reason to believe that a Panama Canal under Panamanian control
00:33poses an economic risk to the United States.
00:37It really doesn't.
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