Mexico’s $7.5B Gamble to Disrupt the Panama Canal | WSJ Breaking Ground (youtube.com)
Last year, they restricted number and size of boats in Panama (due to low lakewater).
Toll rates raised several X.
Second option is 8000k miles further, Cape Horn.
Mexico canal would be 188km. Would be a lot of soft and hard power for Mexico. A lot or reputation. Foreably relocating indiginous families and harming environment, possibly. Panama Canal is 65km (82km deep water to deep water).
Mexico is much closer to USA, because you can drive. Panama is south of Nicaragua and other nations which are not subservient or powerfully interrelated with US.
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