Panama Sifts Tariff Fate as Canal Opens
As Panama prepares to open the canal, Panamanians and U S officials debate sovereignty and tariffs. The Taft agreement limits Panama’s tariff autonomy while talks of a new treaty stress internal development and wider resource use beyond the canal. Some Panamanian laws await U S approval and plans for a national bank and free ports arise amid calls for reciprocal trade with the United States.
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