The International Longshoremen's Association (ILA) initiated a strike affecting dozens of ports from Maine to Texas over expired contracts, demanding better wages and protections against automation.
ILA President Harold Daggett emphasized their resolve, stating, "We are prepared to fight as long as necessary... USMX owns this strike now; they must meet our demands for this strike to end."
The current dock worker strike could significantly impact the economy, with JP Morgan estimating daily losses between $3.8 billion to $4.5 billion for every day ports remain closed.
President Biden urged USMX to engage in fair negotiations, stating, "negotiate a fair contract with the longshoremen that reflects the substantial contribution they've been making to our economic comeback."
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