Panama Canal

  • China in Position at Panama Canal to Shut Down Est. 40% of U.S. Goods That Pass Through

    The interview commenced with an exploration of the Panama Canal's role in global trade. Colonel Mills emphasized that the Panama Canal is the vital artery through which approximately 10% of the world's economy flows. While this percentage might seem small, it represents a colossal share of global economic activity. However, the significance of the Panama Canal extends beyond global trade. The United States relies heavily on the canal, with 40% of its economy dependent on it. Any disruption or threat to the canal's operations would have dire consequences for the U.S. economy.