Heartbreaking! What is the impact of the global "major artery" emergency? Biden's latest statement: Ready to implement a ban! Currently, the capacity of the Panama Canal is rapidly decreasing, with 124 cargo ships congested on the canal, waiting to pass, and the congestion situation is still deteriorating. The International Monetary Fund (IMF) is monitoring this severe situation, calling it the most severe drought in 143 years. It is worth mentioning that the Panama Canal, known as the "artery" of global shipping, relies on this channel for approximately 6% of global ocean trade. Once congestion continues to worsen, it may increase global transportation costs and even affect international raw material market prices.