Part 4/8:
A significant focus of the hearing was the economic implications for U.S. businesses reliant on the canal for exports. Approximately 75% of the canal's traffic is associated with American commerce, underscoring the risks posed by increasing fees and inefficiencies in canal operations. The testimonies from various experts underscored the devastating effects on supply chains if American companies are priced out of using the canal effectively. Testimonies referenced record-high tolls and concerns over Panama's recent financial gains, which have ballooned due to these fees.