Blas Perez and Roman Torres netted the goals for Panama, who now face the United States in the final after a result which will heap pressure on Jose Manuel de la Torre as Mexico coach.
The US reached the final with a comfortable 3-1 win over Honduras.
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The start of the 2017-18 Premier League season is just around the corner and is shaping up to be one of the most competitive yet.
As always it is the so called “big clubs” that have splashed the most cash in the transfer window so far this summer. Manchester United or City? Arsenal or Tottenham? Who are the winners and losers of the transfer window so far?