Trump tariffs have not cut Panama Canal traffic—yet

US tariffs threaten Panama Canal traffic – A fresh look
Despite President Donald Trump’s long‑promised “reciprocal” tariffs, Panama’s canal admin said container ship traffic remains steady for now. However, analysts warn those levies could slow five percent of all global shipping.
What the Canal Authority forecasts
- Revenue projection: Record $5.6 billion for FY ending September 30 – 12.7 % higher than last year.
- Ship volume: 13,900 vessels expected, carrying 520 million tons.
- Risk of decline: The admin acknowledges cargo could drop as tariffs bite deeper.
Why the Canal matters
The 80‑kilometer link connects Atlantic to Pacific oceans, serving 1,900 ports in 170 countries. China, Japan and South Korea gain easier access to U.S. East Coast through this route.
Recent tariff drama
Prior to this week, China and the United States postponed higher tariffs on each other’s exports for 90 days – a move that could influence future canal traffic.
As trade tensions rise, the Panama Canal Authority expects to keep traffic flowing, but the long‑term impact of U.S. tariffs remains uncertain.