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U.S. trade dominates Panama Canal traffic. ‘Severe’ drought is threatening the long-term future of the century-old shipping route
Finance

U.S. trade dominates Panama Canal traffic. ‘Severe’ drought is threatening the long-term future of the century-old shipping route

June 24, 2023 admin-dominor



The Panama Canal is facing drought, ship restrictions and higher cargo costs. Climate change may make water levels a long-term issue for key U.S. trade route.



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