Competition with China was front and center at a Senate hearing on the Panama Canal.
The Chair of the Federal Maritime Commission told lawmakers China’s grip has been around for some time.
“It’s a problem that has been going on for 20 years, which makes it very difficult to answer your question. It is a long answer. This is not a problem that occurred last week. This is not something that President Trump identified, this was going on all President Biden’s term, but of all of President Trump’s first term. It has been going on for decades and decades through both U.S. Republicans and Democrats as President. The only thing I can say is I echo was Ranking Member Cantell said, and I think others of both parties have echoed it, that we need some sort of overall maritime strategy. We have to acknowledge that this is part of our national security,” said Daniel B. Maffei.
During the hearing, Texas Senator Ted Cruz emphasized that China’s influence on the Canal is a national security risk. They also discussed shipping fees and ways to minimize the impact on American businesses.
American soybean and corn leaders, along with Canada’s AgriFood sector, testified before the U.S. Trade Representative’s Office in support of the trade pact between the U.S., Mexico, and Canada.
December 05, 2025 12:29 PM
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The FAO Food Price Index for November fell by more than 1 percent in November, marking the third straight month of declines.
December 05, 2025 11:54 AM
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Texas livestock producers face a heightened biosecurity threat as New World screwworm detections in northern Mexico coincide with FDA approval of the first topical treatment.
December 05, 2025 11:27 AM
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Higher ocean freight raises export costs just as global grain competition intensifies.
December 04, 2025 02:50 PM
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WTO gauges point to agricultural raw materials trade growing more slowly than overall goods, reinforcing the need to manage export risk and monitor policy shifts closely.
December 03, 2025 03:46 PM
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China’s renewed purchases signal improving sorghum demand at a time when export markets are otherwise uneven. Meanwhile, agriculture groups across the U.S, Canada, and Mexico want to protect close trade relations.
December 03, 2025 11:51 AM
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