The Panama Canal, a vital shortcut between the Pacific and Atlantic Oceans, has been making headlines lately — but not for good reasons. President Trump has called out the canal authority, claiming they’re overcharging. So, what’s driving these price hikes? Turns out, it’s a mix of drought, maintenance upgrades, and high demand.

Using the canal isn’t cheap anymore, and Trump isn’t happy about it. However, even if fees drop, it might not make a huge difference for everyday shoppers. Studies show that canal costs add just 10 cents to the price of something like a coffee maker. Still, Trump’s focus has turned this into a bigger deal than it was before.

Security concerns are also part of the conversation. American officials worry about China’s growing influence in Panama, especially since a Hong Kong-based company manages ports at both ends of the canal. During a recent visit, Secretary of State Marco Rubio raised these issues with Panama’s leader, President José Raúl Mulino. Mulino quickly reaffirmed Panama’s control over the canal, stating, “The canal is and will continue to be Panama’s.”

The canal’s importance to the U.S. economy can’t be overstated. It’s a key route for 40% of the country’s container traffic and a lot of energy exports. Without it, ships would have to take much longer, costlier journeys.

So, while the debate over fees continues, one thing’s clear: the Panama Canal remains a critical piece of global trade, and everyone wants a say in how it’s run.