Taking Back The Canal: The U.S. has secured two deals with the Panama Canal

The United States has secured two deals involving the Panama Canal after months of back and forth over the key waterway.

In last night’s cabinet meeting with the President, Secretary of Defense Pete Hegseth shared that the Panama Canal Authority has agreed to allow U.S. military vessels to pass through first and free.

A memorandum of understanding has also been signed between the two countries to secure the Panama Canal from Chinese influence.

A military base for both the U.S. and Panama has been established, the Defense Secretary went on to describe Panama’s President as very complimentary of the U.S., calling him a great ally.

More than 40% of the United States container traffic, worth nearly $270 billion, passes through the canal each year.

Related Stories
Global pork production is expected to rise in the first half of 2026, despite trade volatility stemming from shifting import policies and swine disease pressures.
Economists are also closely watching how policy decisions in Washington could influence markets moving forward. Analysts say deferred futures for corn, soybeans, and wheat suggest markets are operating near break-even levels, not at prices that would encourage expanded production.
Traders say that shift could eventually prompt the USDA to scale back soybean export projections, noting the outlook differs greatly for other grain commodities.
The changing political climate in America is leading to a drop in migrant crossings near the U.S.-Mexico border, where ranchers like Dr. Mike Vickers say they witnessed horrors from death to child trafficking.
STRAUSS CEO Henning Strauss joined us with a preview of “Meet Strauss: The Tool You Wear,” premiering live tonight at 7:30 ET — only on RFD Network and RFD+
USDA Undersecretary for Trade and Foreign Agricultural Affairs Luke Lindberg joined us with a recap of the Malaysia trade mission and a look at USDA’s broader trade strategy moving forward.