Billion-Dollar Standoff: Historic US Ports Strike Challenges Economy

Dockworkers at major ports along the US East and Gulf coasts have initiated a strike, causing significant disruption to container and auto shipments. This work stoppage, affecting 36 ports that handle up to half of US trade volumes, could cost the economy billions daily and potentially impact the upcoming presidential election. The strike’s duration will determine its full economic impact, with experts predicting substantial losses and prolonged shipping congestion.

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