If the goal is securing affordable access to the transit point over the long term, it is climate change, not Chinese influence, that U.S. policymakers should worry about.
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I can assure you that U.S. policymakers are not at all worried about climate change.
Oh, but they are. Their concerns with climate change just happen to be diametrically opposed to yours and mine.
They should say they’ll give a 5% discount to any ship flying the U.S. flag instead of a flag of convenience. All those “Liberian” ships owned by American companies have to pay full price.
It won’t happen because Panama is a flag of convenience country but it’d be a fine trolling.