Why the Panama Canal is a big, long-term prize in Trump's global trade war

President Trump's tariffs on China have led to a sharp decrease in manufacturing orders and freight vessel sailings from China, and with 75% of its traffic linked to the U.S., that's a headwind for the Panama Canal. "Any recession worldwide or in the United States will impact somehow the Panama Canal," Boris Moreno, vice president of operations for the Panama Canal Authority, tells CNBC. "That's for sure." But President Trump's aggressive comments this year about U.S. reasserting control over a