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
US East Coast dockworkers strike, halting half the nation's ocean shipping
4 months ago
12
News
Trending News
Dockworkers Strike
US Ports
Shipping Crisis
Inflation
Biden Administration
Labor Unions
Economic Impact
Discover the latest on the US dockworkers' strike that has brought 36 major ports to a standstill. With the union demanding a 77% pay raise and management countering with nearly 50%, this costly standoff is escalating rapidly. Learn about the severe impact on shipping operations, widespread shortages, and the looming threat of inflation and job losses. As the Biden administration feels the heat to intervene, we break down the potential outcomes and what it means for the economy.
My first thoughts:
Do you or your company rely on shipped goods bc I do! Why doesn't Biden, I mean Harris, invoke the Taft-Hartley Act? Looking for explanations so if you have any, please comment bc I want to understand all angles here.
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