Senate hearing on Panama Canal: China’s grip has been around for a while

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.

Related Stories
Secretary Rollins is signaling a possible reopening of the southern border to Mexican feeder cattle as officials work to manage the threat of the New World Screwworm.
Higher energy activity likely keeps fuel and fertilizer costs elevated.
Lower shipping costs alone will not restore export competitiveness.
South Texas farmers face worsening drought as Mexico falls short on water payments, leaving producers struggling for irrigation under the 1944 treaty.
Expanded access could boost demand for U.S. exports.
Exports depend more on demand than currency shifts.

LATEST STORIES BY THIS AUTHOR:

Randall Hank Williams, better known by his professional name Hank Williams Jr. or Bocephus, is the son of country music legend and icon Hank Williams.
Zachary Lane Bryan, aka Zach Bryan, is an American singer-songwriter from Oologah, Oklahoma. Bryan has taken the country music scene by storm since his rise to fame over the last three years.