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Panama Canal Expansion

The Panama Canal currently is undergoing a $5.2 billion expansion project to widen the canal. One of the major shipping routes in the world, the Panama Canal and its expansion is seen as a threat to the Port of Los Angeles, which is the largest container port in the United States. On the other hand, it may be a economic boon to several harbor cities elsewhere in the country, since it will ease the flow of trade between Asia and ports in the Eastern Seaboard.

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