Updating the panama canal selsmenn imeg
The growth in usage of the Panama Canal over the past few years has been almost entirely driven by increased US imports from China passing through the canal en route to ports on the US East and Gulf coasts.
But it is increasingly recognized in both the US and China that this imbalance in trade is unsustainable and will be reduced via some sort of adjustment in the coming years (although such an imbalance need not be made up by physically shipped goods, but could be made by other trade such as intellectual property as China upgrades its intellectual property protection laws).
The US began excavations for new locks in 1939, but abandoned them in 1942 because of the outbreak of World War II.
The expanded canal began commercial operation on 26 June 2016.
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