The Panama Canal expects extreme drought conditions to persist through next year, continuing to limit the number of vessels that can pass through the vital interoceanic waterway, the administrator ...

The firm has operated terminals adjacent to the Panama Canal since 1998 and secured a 25-year concession renewal in 2021.

On Wednesday, Panama officials announced a new Multimodal Dry Canal project that will begin transporting international cargo across a “special customs jurisdiction” near the 110-year-old waterway.

Experts in both countries are clear: Unless he goes to war with Panama, Trump can’t reassert control over a canal the U.S. agreed to cede in the 1970s.