East Coast and Gulf Ports Face Potential Strike as Union Negotiations Stall

Key meetings this week could determine if dockworkers will strike on October 1, affecting major U.S. trade gateways.

The International Longshoremen's Association and the United States Maritime Alliance have been unable to reach an agreement since June.
The union is demanding an 80% wage increase over six years, significantly higher than the 32% achieved by West Coast dockworkers.
Automation at port terminals remains a major sticking point in negotiations.
A strike could disrupt 43% of U.S. imports, with significant economic fallout expected.
Retailers are urging the Biden administration to intervene and prevent a strike.