Tariffs imposed by US President Donald Trump on dozens of countries have so far not affected container ship traffic through the Panama Canal, its administrator said Thursday.

Allies and adversaries alike are facing higher levies on exports to the United States as Trump’s long-threatened “reciprocal” tariffs go into effect over trade practices he considers unfair.

Analysts have predicted that the aggressive policy will slow down traffic through the Panama Canal, through which five percent of all global shipping passes.

“The results of this fiscal year will be in line with what we projected” in terms of revenue and cargo, canal administrator Ricaurte Vasquez told AFP.

The Panama Canal Authority had projected record revenues of $5.6 billion in the fiscal year ending September 30, an incre

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