Jump to content
Sign in to follow this  

Trump’s new tariffs may impact Canal

Recommended Posts


Trump’s new tariffs may impact Canal

Posted on September 18, 2018 in Panama

Jorge Luis Quijano
Post Views: 236
PRESIDENT  Donald  Trump’s new  tariffs  on Chinses imports to the US could impact  the Panama Canal warned the authority’s administrator, Jorge Luis Quijano, on Tuesday, September 18

The Office of Foreign Trade of the United States formalized on Monday the entry into force of a 10% tariff to a list of almost 6,000  Chinese products valued at $200 billion.

Quijano reiterated that 68% of merchandise that goes through the Canal goes to or comes from the United States biggest user of the Panamanian waterway.

The administrator, who was participating in a  logistics the forum organized by the Panamanian Association of Business Executives (Apede)  said that alhough the current fiscal year remains positive the Canal is in the middle of the threats posed by Trump’s announcement and the Canal Authority will have to evaluate its effects.



Share this post

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

  • Create New...