Longshoremen Strike Threatens Imports and Inflation on U.S. Coasts

The International Longshoremen’s Association began a work stoppage at ports on the U.S. East and Gulf coasts. The union’s demands include wage negotiations and a call for a complete ban on automated systems at the ports. A prolonged stoppage risks disrupting the flow of imports.

A prolonged interruption to imports could bring back inflation and cost Americans jobs. Union officials warned that shortages of steel and lumber could disrupt construction, while retailers and car dealerships could face shortages of goods.